Inheritance tax

Work out your total IHT liability.

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.

Hot topics, business news & firm news

Keep up with the latest business news, as well as what's happening at our firm.

Rayner case shines light on SDLT complexities

28 Oct 2025

A review of SDLT rules.

Expert advisory panel to provide industry insight on R&D tax relief

30 Oct 2025

HMRC recently appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel.

Charity of the year

14 Feb 2025

We’re pleased to share that our chosen charity for 2025 is The Pied Piper Appeal, an organisation dedicated to supporting children in Gloucestershire facing serious illnesses or medical conditions.

Pitt Godden and Taylor LLP is a limited liability partnership, registered in England and Wales. Company Registration No: OC372482. Registered office: Pitt Godden and Taylor LLP, Unit 3, Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester, Gloucestershire GL4 3GG . Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.

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