This is a basic calculator that takes into account primary assets and liabilities. 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.
The nil-rate band is £325,000 for 2016/17. Anything which exceeds the £325,000 threshold will be taxed at 40% (though there are exemptions and reductions available).
Dyke Yaxley LLC3700 Park East DriveSuite 250ClevelandOhio 44122
T: +12164705633F: +14409467250E: firstname.lastname@example.org
8 Hollinswood CourtStafford Park 1TelfordShropshireTF3 3DE
T: 01952 216100F: 01743 235794E: email@example.com
1 Brassey RoadOld Potts WayShrewsburyShropshireSY3 7FA
T: 01743 241281F: 01743 235794E: firstname.lastname@example.org
Dyke YaxleyChartered Accountants
Dyke Yaxley is a trading name of Dyke Yaxley Limited
Registered in England and Wales Company Registration No. 4746482