Tools · England & Wales
Inheritance tax calculator
Last reviewed 18 August 2026
A quick reckoning of the tax, drawn on the current bands and the change that brings pensions into the estate from April 2027.
Estimate the tax
Inheritance tax calculator
Estimated inheritance tax
£0
How it is worked out
The nil-rate band is £325,000, plus up to £175,000 where the home passes to children, doubled for couples. Tax is 40% of the value above the available allowance. From 6 April 2027, most unused pension funds fall within the estate — tick the box to include one.
Questions
How much can I pass on tax-free?+
£325,000 per person, plus up to £175,000 where the home passes to descendants — up to £1 million for a couple.
Sources. GOV.UK, Inheritance Tax rates and allowances; Finance Act 2026 (pensions from 6 April 2027).