Inheritance Tax grossing up calculator
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)