Inheritance Tax Reduced Rate Calculator

Inheritance Tax Reduced Rate Calculator 

You may qualify to pay Inheritance Tax at a reduced rate of 36% if you leave at least 10% of your net estate to charity
 
Use this calculator to work out the amount needed to qualify if you are: 
  • preparing your own will 
  • the executor of the deceased’s will or administrator of their estate - if the death was after 6 April 2012 
You cannot use this calculator if: 
  • the death was before 6 April 2012 
  • there are charges from the deferral of tax for woodlands or heritage assets - tax on these is always 40% 
  • Inheritance Tax is due on a trust and there has been no death 

Before you Start 

You will need to know: 
  • the value of the assets in the estate 
  • how the assets are owned 
  • the total value of the assets in each part of the estate (‘component’) 
  • the value of any debts and liabilities that must be paid out of the estate 
  • the amount of any Inheritance Tax relief and exemptions 
  • the amount of any charitable donations already made 
  • the value of the threshold (‘nil rate band’) 
  • the value of gifts the deceased made in the 7 years before death 
 
For further information: