Basic Inheritance Tax Calculator Inheritance tax - A basic first checkUse this basic calculator to estimate your inheritance tax liability. Please note that this calculator does not currently include the residence nil-rate band. Please contact us to discuss your eligibility.Assets The value you expect to realise from businesses (£): * Total value of all homes (£): * Total value of savings (£): * Total value of investments (£): * Total value of life policies (£): * Total value of other assets (£): * Liabilities Total value of mortgages (£): * Total value of loans (£): * Total value of other liabilities (£): * Charitable bequests Charitable bequests (£): * The value of your business and the extent to which this should be included in your estate requires careful consideration and an understanding of tax law. Please contact us to discuss. The estimated tax liability may be subject to variation as a result of tax planning, PETs and so on. This calculator does not include any increase in the IHT allowance to which you might be entitled if you are the surviving spouse and your deceased's estate did not fully use the available annual exemption. It also does not include the nil-rate band for property.