Inheritance tax

This is a very basic guide to show the potential IHT liability that you face. There are significant reliefs and exemptions which may be available which are not shown in this calculator. It may be possible to effect signifiant tax savings with careful planning and we are happy to advise you on the options which may be available to you.

Please enter the value of your assets and liabilities.

Your Assets (£'s)

Business:

House:

Savings:

Investments:

Life Policies:

Other Assets:

Your Liabilities (£'s)

Mortgage:

Loans:

Other Liabilities:

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

15 Jan 2021

COVID-19 is reasonable excuse for self assessment late filing, says HMRC

HMRC says it will accept coronavirus (COVID-19) as a reasonable excuse for the late filing of self assessment tax returns.

14 Jan 2021

Taxpayers using Time to Pay to spread cost of tax payments

Tax payments worth over £69 million are being spread through HMRC's Time to Pay facility, according to the tax authority.

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