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Inheritance Tax

What is the Inheritance Tax Threshold (Nil Rate Band)?

The nil rate band is the amount each person can pass free of Inheritance Tax. For the 2024 to 2025 tax year, it stands at £325,000. Assets above this threshold are potentially liable to IHT at 40%, subject to other available exemptions and reliefs.

Can the nil rate band be increased?

Transfer of Nil Rate Band (TNRB)

Where the first of a married couple to die did not use all of their nil rate band, the unused proportion can be transferred to the surviving partner’s estate. This can effectively double the nil rate band to £650,000 on the second death.

Residence Nil Rate Band (RNRB)

An additional allowance of up to £175,000 per person is available where a qualifying residential property passes to a direct descendant. Combined with the standard NRB (and potentially the TNRB), the total IHT-free threshold can reach £1 million for some married couples.

YouCanDoProbate calculates the nil rate band available to your estate accurately, including any TNRB and RNRB that apply, and builds this into the IHT400 automatically.

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Trustpilot five star rating
This was money well spent made life so…

This was money well spent made life so much easier and prevented any time being wasted by not sending all relevant documents and having to re submit.

Mr Walker
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Probate forms

When completing the forms, any query I had as soon as I emailed them they got back to me straight away. Also it would not let you finish the section until you had filled out all that was needed. Helpful that you could save and go back in when you had the answer you needed.

anna smullen
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easy to use

easy to use, we where unsure on somethings but got help over the phone thankyou for your help.

peter from barnsley
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I am so glad that I chose to invest in…

I am so glad that I chose to invest in this software. It is a simple tool which guides you through the process in a very clear way. Firstly you can input the required information about the estate (which you would have to collate and provide to a solicitor anyway) and it then determines which forms need to be populated to apply for probate (and inheritance tax), and populates them correctly. It has saved us a lot of time and money . The customer support team are very knowledgeable, helpful and friendly, and easy to get hold of. Thank you for making this a smooth process at a difficult time. Our grant of probate was received today which was only 5-6 weeks after receipt of the application by the probate office at a time where the probate office are quoting 8 week lead times to acknowledge probate application receipt.

Hilary Spain
Trustpilot five star rating
Save a fortune, use YOUCANDOPROBATE!

This service isn’t easy but it is brilliant! From our previous experience of using a solicitor for probate, who asked us to do 80% of the work, searching for bank records, certificates etc. etc. this service was difficult, not easy, but well worth it! The support team are excellent and help with those questions you can’t easily answer. Google helps immensely also. But the real benefit is saving at least 2% up to 5% of an inheritance. That would be most of one of my late mother-in-law’s grandkids inheritance. Bargain price makes it worth it! I am happy to strongly recommend this excellent service!

Liam
Trustpilot five star rating
Easy to use, great value for money

Easy to use Structures the required information to make it straightforward to navigate Produces all forms required professionally (including in our case a particular set of forms that were important to our IHT liability Overall great value for money compared to engaging solicitors – would highly recommend this tool to anyone dealing with probate

Steve Bunting
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This made a very difficult time and…

This made a very difficult time and task painless. I had a few queries which were answered very efficiently. The whole process from start to finish and obtaining probate was 6 weeks.

LCc
Trustpilot five star rating
An excellent service

An excellent service. The team are happy to talk you through the options before you commit and make sure that the software will work for your circumstances. Once you get started it is easy to use and save your work. Very good and recommended.

simon hawkins
Trustpilot five star rating
Excellent package

Excellent package easy to follow and good help service if needed – probate obtained in six weeks – thankyou

mark
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Grant of Probate within 8 weeks from signup

Less than 8 weeks from signing up to YCDP to the Grant of Probate arriving in the post! As others have said – no need to pay through the nose for a solicitor, the YCDP platform is far quicker and far cheaper than using a solicitor. All relevant IHT forms were generated with ease, printed and then sent via post with accompanying requested documents – this was acknowledged within 3 weeks – then the generated PA1P probate form was sent to HMCTS (again, with accompanying documents & cheque) – Grant of Probate received in the post less than 2 weeks later! Fantastic and saved me thousands. Very happy with the platform and service, relieved to have found this alternative as opposed to instructing an expensive solicitor.

D M
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The experience and the ease plus the…

The experience and the ease plus the excellent help from Tom and his team

William Grice
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So easy always called if you have a…

So easy always called if you have a problem super helpful

michelle taylor
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Additional costs: The probate registry fee of £526 (for all estates over £5,000) and any additional official copies at £2 each. (Payable directly to HM Courts and Tribunals Service by cheque or postal order, enclosed with your application forms).
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© YouCanDoProbate • YouCanDoProbate is a trading name of Kabing Ltd.
YouCanDoProbate is an online platform providing legal forms and information. YouCanDoProbate is not a law firm and is not regulated by the Solicitors Regulation Authority (SRA). Our online probate and inheritance tax service is an online platform providing probate and inheritance tax forms and information to allow you to complete inheritance tax returns and apply for probate yourself. Our telephone, email and livechat support provides guidance only, we do not provide bespoke advice, including estate planning or tax advice and it is not a substitute for a lawyer’s advice about complex estate planning or tax issues.
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