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How was your Tax calculated
This calculator shows your potential Inheritance tax liabilities presuming all assets are left to spouses on the first death.
The calculator does not factor in any direct gifts, gifts to Trusts or assets which attract Business relief.
The calculator does not factor in the taper on the residential Nil rate Band which falls by £1 for every £2 on an estate worth more than £2 million on the death of the second spouse or a single or divorced person.
The 10 and 15-year projections are based on the value of property and investments growing at 3.5% a year, cash growing at 0.25% a year and IHT allowances growing at 1% a year.
If you have an Inheritance tax problem save yourself time and also making potential mistakes trying to work out what you need to do. Click here to book a Free online no obligation consultation with our tax expert Charles who will explain exactly what you can do to resolve your problem.