Use this calculator to work out an estate value when legacies in a will are free of tax and other assets are tax exempt.
You must use Adobe Reader version 9.0 or later to complete the calculator - download latest version for free. Save the calculator to your device, then open it using Adobe Reader.
This calculator grosses up legacies at different rates.
Use the calculator for legacies:
at the standard rate of Inheritance Tax of 40%
where the estate is paying the reduced rate of Inheritance Tax at 36% because at least 10% of the estate has been left to charity
which qualify for an additional threshold, sometimes known as the residence nil rate band (RNRB)
Don’t include personal or financial information like your National Insurance number or credit card details.