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Immediate tax charge
Tax charge on death within 7 years
Additional tax charge on death within 7 years
Periodic tax charge after 10 years
Periodic tax charge after 20 years
Exit charge on Capital Distributions
Exit charge where the whole trust fund is distributed
Ideal split between discretionary and absolute trusts
Discounted value of gift into trust
Available nil rate band
Taxable amount
Immediate tax due (grossed up)
Assumed nil rate band at time of death
Available nil rate band at time of death
Tax due
Rate of taper relief
Amount of taper relief
Tax already paid
Tax balance due
Assumed nil rate band at time of charge
Discounted value of trust fund at time of charge
Chargeable rate
Periodic tax due
Assumed nil rate band at time of charge
Discounted value of trust fund at time of charge
Chargeable rate
Periodic tax due
Assumed nil rate band at time of distribution
Amount of distribution
Chargeable rate
Exit tax due
Assumed nil rate band at time of distribution
Value of total fund at time of distribution
Chargeable rate
Exit tax due
Assumed nil rate band
Available nil rate band
Tax charge
Rate of taper relief
Amount of taper relief
Tax due
Amount of gift into: Discretionary Absolute Maximum gift into discretionary
To avoid an immediate tax charge
To avoid immediate and 10-year periodic charge
To avoid immediate, 10 and 20-year periodic charges
Immediate tax charge
Tax charge on death within 7 years
Additional tax charge on death within 7 years
Periodic tax charge after 10 years
Periodic tax charge after 20 years
Exit charge on Capital Distributions
Exit charge where the whole trust fund is distributed
Ideal split between discretionary and absolute trusts
Net amount of gift into trust
Available nil rate band
Taxable amount
Immediate tax due (grossed up)
Assumed nil rate band at time of death
Tax due
Rate of taper relief
Amount of taper relief
Tax already paid
Tax balance due
Assumed nil rate band at time of charge
Value of trust fund at time of charge
Aggregate chargeable transfer
Chargeable rate
Periodic tax due
Assumed nil rate band at time of charge
Value of trust fund at time of charge
Aggregate chargeable transfer
Chargeable rate
Periodic tax due
Assumed nil rate band at time of distribution
Value of trust fund at time of last periodic charge
Aggregate chargeable transfer
Chargeable rate
Exit tax due
Assumed nil rate band at time of distribution
Value of total fund at time of distribution
Value of trust fund at time of last periodic charge
Aggregate chargeable transfer
Chargeable rate
Exit tax due
Assumed nil rate band
Available nil rate band
Tax charge
Rate of taper relief
Amount of taper relief
Tax due
Amount of gift into: Discretionary Absolute Maximum gift into discretionary
To avoid an immediate tax charge
To avoid immediate and 10-year periodic charge
To avoid immediate, 10 and 20-year periodic charges
Periodic tax charge after 10 years
Assumed nil rate band at time of charge
Value of trust fund at time of charge
Value of total fund at time of charge
Amount of loan outstanding at time of charge
Aggregate chargeable transfer
Chargeable rate
Periodic tax due
Periodic tax charge after 20 years
Assumed nil rate band at time of charge
Value of trust fund at time of charge
Value of total fund at time of charge
Amount of loan outstanding at time of charge
Aggregate chargeable transfer
Chargeable rate
Periodic tax due
Exit charge on Capital Distributions
Assumed nil rate band at time of distribution
Value of total fund at time of last periodic charge
Amount of loan outstanding at time of last periodic charge
Value of trust fund at time of last periodic charge
Aggregate chargeable transfer
Chargeable rate
Exit tax due
Exit charge where the whole trust fund is distributed
Assumed nil rate band at time of distribution
Value of total fund at time of distribution
Value of total fund at time of last periodic charge
Value of trust fund at time of last periodic charge
Aggregate chargeable transfer
Chargeable rate
Amount of loan outstanding at time of distribution
Value of trust fund at time of distribution
Exit tax due
Important information
Warning: The data being used for these calculations is excessively old and may be inaccurate. Please be careful in applying the results of any calculations.

For more information on trusts and tax, please see "Inheritance tax planning - Adviser guide" (IHTB10026) which is available on www.pruadviser.co.uk or through your usual Prudential contact.

This calculator is designed to provide a basic indication of a potential inheritance tax liability on either a discretionary trust; a discretionary discounted gift trust; or a discretionary Loan trust. It does not take into account all the possible individual circumstances that may impact on the tax position, nor does it include the value of the rest of a person's estate. It should not be taken as offering advice or any recommendation. Circumstances in the future may change an inheritance tax position. Every care has been taken as to the accuracy of the calculator, but it must be appreciated that neither Prudential Group nor its representatives can accept any responsibility for loss, however caused, suffered by any person who has acted or refrained from acting as a result of material contained in this calculator. This specification is based on our understanding, of current taxation, legislation and HM Revenue & Customs (HMRC) practice, all of which may change without notice.

Taper Relief reduces the IHT due on transfers made more than 3 years before death - where tax would be payable in respect of that transfter. It is important to appreciate that taper relief is only available where the lifetime transfer exceeds the available nil rate band.