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Inheritance Tax Calculator

Inheritance Tax Calculator

Use this income tax calculator to calculate your tax, national insurance and take home pay based on the amount you are earning. In our example above, you are earning £60,000 a year. Now let's break down this sum and see how your tax and national insurance is calculated.

Inheritance Tax Calculator

Includes main residence, or proceeds thereof, left to direct descendants

This is a generic calculation that does not take into account the individuals circumstances, it should not therefore be relied on. It is recommended that you seek independent tax advice.

The Financial Conduct Authority does not regulate Inheritance Tax Planning

Rates and allowances used in this calculator relate to the 2022/23 Tax Year.