HMRC launches IHT tool

Information about relief options

clock • 1 min read

HM Revenue & Customs has launched an inheritance (IHT) tax tool via the government website.

The online resource can be used by the public to quickly calculate how much IHT liability their estate would be open to. The tool first asks for information about UK property values in a user's estate and whether a property has been left to a direct descent (omitting nephews, nieces and siblings). If so, the tool will require information about direct descendants' assets including savings, home equity and any gifts they had received in the past seven years. The calculation will either estimate no IHT has to be paid or direct users to information about relief options for this tax. ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Six months until pensions IHT changes: Advisers await Budget clarity

Six months until pensions IHT changes: Advisers await Budget clarity

Advisers urged to refine plans and not rush

Isabel Baxter
clock 07 October 2026 • 5 min read
Ethical adviser urges government to 'tax pollution instead of work'

Ethical adviser urges government to 'tax pollution instead of work'

Path Financial’s David Macdonald calls for tax system overhaul

Isabel Baxter
clock 06 October 2026 • 4 min read
Advisers urged to protect themselves if clients reject IHT planning

Advisers urged to protect themselves if clients reject IHT planning

Could face questions from beneficiaries

Isabel Baxter
clock 02 October 2026 • 3 min read