IHT Calculator
Adviser area– If you’re a customer please visit the customer section
Inheritance Tax (IHT) Calculator – for adviser use only
Our IHT Calculator allows you to work out a client’s current and future potential IHT liability based on the options below. When you’ve finished, you can also create a PDF for your client summarising their situation:
The Inheritance Tax (IHT) Calculator is designed to help financial advisers and their clients to find out the approximate IHT liability on a client’s estate, based on the information they provide. You should therefore ensure the information provided is accurate; if it is not the figures provided will be incorrect and should not be relied upon
The results produced by the tool shouldn’t be considered as advice. The information is provided purely to provide guidance.
Every care has been taken as to its accuracy, but it must be appreciated that neither HSBC nor its representatives can accept any responsibility for loss, however caused, suffered by any person who has acted or refrained from acting as a result of material contained in this calculator.
The tax rates used in this calculator were last reviewed in April 2024.
Watch our video guide to the IHT
Calculator
For adviser use only
Your options
Option 1
Explore IHT liabilities based on today’s estate value.
Option 2
Explore IHT liabilities based on today’s estate value, plus future asset values.
Option 3
Explore IHT liabilities based on today’s estate value, plus future asset values and previous lifetime gifts.
Option 4
Explore IHT liabilities based on today’s estate value, plus future asset values and previous & future lifetime gifts.
Information you'll need
- Enter Assets, Liabilities and Exemptions to calculate IHT at the current date
- To calculate estimated IHT at a future date enter Assets, Liabilities, Exemptions and an Assumed Date of Death
- Enter details of Gifts from the past 14 years in the first Gifting Table
- Enter Proposed Gifting details in the second Gifting Table
Enter client details
This can be used to demonstrate outcomes based on a fictional date.
Edit today's date to enter assumed future date
Results
| Total IHT at Current Date | £0.00 |
|---|---|
| Total IHT at Date of Death | £0.00 |
| Total IHT at Date of Death - Post Gifting Strategy | £0.00 |
| IHT Saved from Gifting Solution | £0.00 |
| IHT Saved from Proposed Additional Charitable Donation | £0.00 |
Next steps
- Starting a new calculation will clear all data. To retain the current calculation, please download as a PDF before restarting.
- There are a number of ways to mitigate your client's IHT liability - to find out how HSBC Life may be able to help, contact your HSBC Life Business Development Manager. Download our Key Contacts Guide here