IHT Calculator

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:

Important Information

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 this tool shouldn’t be considered as advice but is provided purely as 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 January 2024.

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 lifetime gifts and future lifetime gifts.

Information you'll need

Enter Assets, Liabilities and Exemptions to calculate IHT at the current date
Enter Assets, Liabilities, Exemptions and Assumed Date of Death to calculate estimated IHT at the 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

Assumed Date of Death (DoD):
This can be used to demonstrate outcomes based on a fictional date.
Example text: 25 / 12 / 1966

DayMonthYear

1. Assets

2. Liabilities

3. Nil rate bands available

4. Residence nil rate band available

5. Exempt Gifts

6. Reliefs

7. Net Estate

8. Tax

9. Gifts already made in the last 14 Years

10. Summary Of Gifts Within 7 Years

11. Charitable Donation in will

12. Proposed gifting strategy

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

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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:

Important Information

Your options

Information you'll need

Enter client details

Results

Next steps

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:

Important Information

Your options

Information you'll need

Enter client details

Results

Next steps

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: