This calculator is kept on the site as a quick utility, but it is not the focus of IsMyTaxDigital. If you came here for MTD, the right starting point is the MTD eligibility checker.
Estate planning
UK Inheritance Tax Calculator (2026-27)
A simplified IHT estimate using the standard nil-rate band, residence nil-rate band (with £2m taper), and transferable spouse allowance. Does not handle gifts, trusts, or business/agricultural reliefs.
Tax year: 2026-27 · Last reviewed: 30 April 2026 · Source: GOV.UK Inheritance Tax
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Inheritance Tax estimate
Estate after estimated IHT
£590,000
From a £650,000 estate
Of the estate value:
Beneficiaries receive90.8%
IHT9.2%
Estate value£650,000
Nil-rate band£325,000
Residence nil-rate band£175,000
Total available threshold£500,000
Taxable estate£150,000
Estimated IHT at 40%£60,000
Estate after estimated IHT£590,000
This is a simplified estate estimate. It does not handle gifts, trusts, reliefs, charity rate reductions, debts, or business/agricultural property reliefs. This calculator provides a broad estimate only and is not tax advice.
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