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This calculator works out your inheritance tax (IHT) liability. It may also show you the importance of financial planning such as making a Will.
 

*Assumptions
Gifts made within the last seven years are not included in the calculations but may be liable to IHT on a sliding scale.

* Married or in a civil partnership
Updated March 2011

Your estate is worth
House
£
Cash
eg. Your bank, building society accounts
£
Investments
eg. Shares, funds, Premium Bonds
£
Other assets*
eg. Cars, holiday home, boat
£
Life insurance
eg. Your term assurance payout
£
Are you married? Yes
No
You still owe
Mortgage
£
Loans/overdrafts
£
Credit cards
£
Other liabilities
eg. bills, hire purchase, funeral expenses
£
RESULT  
Your total assets: £
Your liabilities: £
Your estate is worth: £
Tax-free allowance: £
Your net worth: £
Your inheritance tax bill: £

Contact us now on - info@crestfinancialsolutions.co.uk

 

 

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