Inheritance tax advice guides

A guide to when inheritance tax is payable and how to work out what IHT is due. Understand how the tax-free nil-rate is calculated and when it can be transferred from one partner to another. We also cover the main residence nil-rate band.

5 articles

How much inheritance tax will I pay?

Use our calculator to estimate how much inheritance tax might be payable on your estate.

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Inheritance tax rates & allowances

Inheritance tax of 40% is paid on what you leave to your heirs. Use our inheritance tax calculator, plus find out inheritance tax rates, and how it works.

6 April 2024

Inheritance tax planning and tax-free gifts

Find out how to give away money from your estate to reduce your inheritance tax bill, and what is a 'potentially exempt transfer'

6 April 2024

Inheritance tax on property

Everything you need to know about how your property is taxed when you pass it on to your heirs, and the rules and thresholds for the main residence nil-rate band in 2024-25

6 April 2024

Inheritance tax and trusts

Trusts can help you to control what happens to your assets after you pass away. They can be useful from an inheritance tax perspective, although you might end up paying more

17 May 2024

Ways to avoid inheritance tax

There are lots of legal ways you can help slash the inheritance tax charged on your estate, from giving gifts while you're alive, to leaving money to charity.

6 April 2024