Inheritance Tax Calculator

Estimate your IHT liability under the current April 2026 rules and see the impact of the upcoming April 2027 pension changes.

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Client Profile & Assets
Marital status and general assets

Enter the value of your assets below. Do not include your main residence, business/agricultural assets, or pensions here (these are captured in the next steps).

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This will be deducted from your total asset value to calculate your net estate.
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Property & Residence
Residence Nil-Rate Band eligibility
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Business & Agricultural Property
Reflecting April 2026 Reforms
April 2026 Rules: The £2.5M combined BPR/APR allowance applies. AIM shares qualify for 50% relief only.
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Pension Assets
April 2027 inclusion preview
From 6 April 2027, most undrawn pension funds will be included in the taxable estate.
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IHT Estimate

Current Rules (April 2026)

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Effective Tax
Reliefs & Bands£0
IHT Liability£0
Net to Heirs£0
Total Assets£0
Net Estate£0
BPR / APR Relief−£0
Nil-Rate Band−£0
Residence NRB−£0
Chargeable Estate£0
ESTIMATED IHT LIABILITY
£0

Business Relief Investment Scenario

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Potential Tax Saving
£0
NEW LIABILITY
£0
Important Information: This calculator is provided by Wealthmax for illustrative and educational purposes only. Results are indicative and based on our current understanding of UK Inheritance Tax law as of 2026. This tool does not account for gifts within seven years of death, charitable donations, downsizing allowances, or complex estate structures. It does not constitute financial, tax, or legal advice. Tax rules are subject to change. Always consult a qualified Wealthmax adviser regarding your specific circumstances.