Inheritance tax calculator

It's often said that the only things that are certain in life are death and taxes. The issue of inheritance tax touches both. Do you know if you're going to leave your loved ones with a large inheritance tax bill along with your worldly goods? Use Aviva's quick inheritance tax calculator to see how much your family could be liable to pay HM Revenue & Customs.

Inheritance tax calculator

Your assets

Your assets

All fields marked with an asterisk * are mandatory.

If you're married or in a civil partnership, please insert the full value of any jointly owned assets unless your wills leave your share of the asset to someone other than your spouse or civil partner.

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Transferable nil rate band

Transferable nil rate band

Everone has an allowance (known as the nil rate band) which is free from inheritance tax. If your spouse or civil partner dies before you and does not use all of their nil rate band (for example, because their estate is left to you) then you can use the the unused portion of their nil rate band in addition to your own. In order to calculate the nil rate band available to you we'll need to know if a spouse or civil partner has predeceased you, and what proportion of their nil rate band was not used.

All fields marked with an asterisk * are mandatory.

If you answer 'No', the calculator will assume that you are single or that you are married (or in a civil partnership), that you will die first and you will not leave your estate to a surviving spouse (or civil partner).

The nil-rate band is the amount on which you pay a 'nil-rate' of inheritance tax. Tell us what percentage of the band remains after your partner’s estate share was valued. So if the 2015/2016 band is £329,000, and your partner’s estate share was valued at £197,400 (which is 60% of that amount), then 40% of the nil-rate band is left.

Your Liabilities

Your liabilities

All fields marked with an asterisk * are mandatory.

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Getting advice

This calculator is based on our understanding of current tax law, which is subject to change in the future. Inheritance Tax (IHT) law is complex and this calculator is designed to give you a very basic assessment of your potential IHT liability. Nothing on this site is personalised advice or recommendation. If you need a personalised recommendation based on your personal circumstances, you should seek financial advice. We can’t give you advice but we can put you in touch with an adviser who can talk to you about which financial products or investments may be right for you.

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