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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
Highly recommend this company

Highly recommend this company. The intuitive software is easy to use and the friendly and professional telephone support is excellent. On the advise of the team I posted off my documents as I had considered using the government online form assuming it may be quicker! However Probate was granted in 15 days from when I posted my documents. Thank you to all the team at You Can Do Probate for making a stressful and emotional task much easier to navigate without the need of expensive solicitors! Nb The only improvement that I feel would be beneficial is the function to print the breakdown of all the values and calculations

SJ
Trustpilot five star rating
A very professional company and…

A very professional company and service, so easy to use from start to finish, but always available to answer any questions quickly, no matter how trivial, saved so much money compared to traditional solicitor. Highly recommend.

Julian Scheimann
Trustpilot five star rating
Simple, does the job.

Simple, well laid out, easy to complete. Sent off 4 weeks later received notice its been accepted and probate granted, saved thousands on using a solicitor.

andrew
Trustpilot five star rating
Using your forms was really…Sraightforward

Using your forms was really straightforward and you were on hand on the phone to help with any if our questions. The IHT calculation on IHT400 was straightforward and accepted by HMRC within 2 weeks. After then printing off and submitting your forms the probate accepted within 10 days!! Fantastic service.

Lynne
Trustpilot five star rating
Was dubious at first but after…

Was dubious at first but after messaging a couple of queries and receiving replies almost immediately I purchased the software process and it was amazingly easy would definitely recommend

Gill readman
Trustpilot five star rating
I found You Can Do Probate really…

I found You Can Do Probate really helpful, polite, they were very patient with me when I had a problem, and when I rang and left a message, they always came back to me, the proof of the pudding will be if my submission goes through successfully.

Mr Woodhouse
Trustpilot five star rating
Easier to complete than I initially…

Easier to complete than I initially thought.

Lynn Wasnidge
Trustpilot five star rating
I can recommend this site.

The set was easy to access and user friendly. It was good to be able to go in and out of the site to input data as it became available. The phone line was an additional help to guide me through.

Lesley Cree
Trustpilot five star rating
I’m never one for leaving reviews

I’m never one for leaving reviews, but this service genuinely deserves the 5* review I’m giving it. I completed the probate application with my Mum shortly after my Dad’s passing. My Mum had been quoted thousands of £s to do this on her behalf, which I felt was unreasonable. After a quick Google I found this website and suggested it to my Mum. She was sceptical at first so I offered to help, and having completed the intuitive online process with her, she quickly told me she could have done it herself! It’s not a nice thing to deal with, particularly at such a difficult time, but I couldn’t recommend this highly enough. It genuinely works and we have just received our letters of administration.

Joe Wilkinson
Trustpilot five star rating
Outstanding product

I used this platform to complete my father’s HMRC and probate registry applications. The process was clear, straightforward, and easy to follow. I only needed to contact the company once for clarification, and they were very helpful. The platform guides you through questions about assets, gifts, and other estate details, then automatically populates the relevant HMRC and probate forms. It also provides the completed forms ready for printing and submission. Everything was accepted without issue, and probate was granted around eight weeks after submission. As a layperson, I found this service invaluable. It saved me thousands of pounds in legal fees, and I would highly recommend it to anyone handling probate for the first time

Simon Day
Trustpilot five star rating
System was priced sensibly and easy to…

System was priced sensibly and easy to use

PJM
Trustpilot five star rating
Very easy to use, 1st class service

Very easy to use and as they say you can contact any number of occasions as I did twice for advice. When you think I was quoted three times as much, therefore I would say they were value for money. If only the probate service was as quick.

Leslie Barnes
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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.
© Kabing Ltd | All Rights Reserved. Company number 12125399.

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