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Working out the tax

Guidance and regulation

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  • Find out which gifts count towards the value of the estate, how to value them and work out how much Inheritance Tax may be due.

  • Find out how to work out and report the value of the estate to HMRC.

  • Use this calculator to gross up an estate, when the will leaves ‘free of tax’ gifts and the residue is partly or completely exempt from Inheritance Tax.

  • Find out how to value stocks and shares of someone who has died. How you value them depends on whether they are 'listed' or 'unlisted'.

  • Use this calculator to help you work out an estimated market value of guaranteed annuity payments when valuing assets of the deceased’s estate.