Inheritance Tax · 2025/26
UK Inheritance Tax in 2025/26 by Estate Value
Pick an estate value to see exactly how much Inheritance Tax was due in the 2025/26tax year, using that year's Nil-Rate Band (£325,000), Residence Nil-Rate Band (£175,000) and 40% headline rate. Figures cover both single-person and married-couple scenarios (transferable NRB + RNRB).
What was different about 2025/26
2025/26 is the fourth consecutive year with frozen IHT thresholds. NRB stays at £325,000 (unchanged since 2009), RNRB at £175,000, taper at £2m and the 40% headline rate is untouched. Current legislation extends the freeze through to April 2030.
2025/26 IHT thresholds
Nil-Rate Band (NRB)
£325,000 per person
Residence Nil-Rate Band (RNRB)
£175,000 per person
RNRB taper starts
£2,000,000
Couple combined max
£1,000,000
Headline rate
40%
Charity rate
36% (10%+ to charity)
Pick an estate value
IHT on £400,000 estate
2025/26 tax year
£0
couple · single £0
IHT on £600,000 estate
2025/26 tax year
£0
couple · single £40,000
IHT on £1,000,000 estate
2025/26 tax year
£0
couple · single £200,000
IHT on £1,500,000 estate
2025/26 tax year
£200,000
couple · single £400,000
IHT on £2,500,000 estate
2025/26 tax year
£700,000
couple · single £870,000
Other years
Related
Disclaimer: Figures use the published 2025/26 HMRC NRB, RNRB and 40% rate. They assume a qualifying main residence is left to direct descendants where RNRB is shown. Lifetime gifts, BPR/APR, trusts and tax codes can change actual liability — speak to a STEP-qualified adviser.