steve@wdsassociates.co.uk

Inheritance Tax Calculator

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              Print off a copy of this form and see for yourself. 

 

£

 

House Value          

 

 

Second Home

 

 

Business assets/property

 

 

Bank/Building Society accounts

 

 

Household contents/personal effects

 

 

Stocks & shares

 

 

Savings & investments

 

Include offshore, ISAs, endowments etc

Other assets

 

Life insurance, mortgage insurance, cars etc

ASSETS sub total

 

 

Subtract Debts

 

Mortgage, other loans, credit cards etc

Subtract Nil Rate Band

300 000

Tax Year 2007/2008

            x 40%   =

 

 POTENTIAL tax liability