Inheritance Tax Calculator UK
The Inheritance Tax Calculator calculates your tax free allowance, the amount of your estate liable to inheritance tax and your estimated inheritance tax ball.
The tool will request for data to be entered, such as the current value of assets and liabilities. As inheritance tax also depends on the type of assets and liabilities, these fields aren't entered as one value, but a value is required for each variable. For instance, liabilities is broken down into mortgages and loans. Assets are broken down into properties, shares, cash, savings, investments and other assets.