UK Inheritance Tax Nil Rate Band & Residence NRB Calculator

Calculate UK inheritance tax liability using the combined £325,000 Nil Rate Band and up to £175,000 Residence Nil Rate Band for direct descendants, including transferable NRB from a deceased spouse

Each component has a specific meaning:

• Combined £325 — The combined £325 recorded for the scenario being assessed.
• 000 Nil Rate Band — The 000 nil rate band recorded for the scenario being assessed.
• Up — The up recorded for the scenario being assessed.

Note: Interpret the uk iht nrb result against the thresholds and context described above.

Enter the combined £325, 000 Nil Rate Band, up for the scenario you are assessing. Calculate UK inheritance tax liability using the combined £325,000 Nil Rate Band and up to £175,000 Residence Nil Rate Band for direct descendants, including transferable NRB from a deceased spouse. Use the uk iht nrb result to inform your calculation.