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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
Excellent service..

Excellent service… many thanks to James he was very professional and extremely patient with me … this is a very difficult time and I really appreciate the help this service provided. James talked me through stage by stage and let me deal with it at my own pace I would recommend youcandoprobate to everyone .. worth every penny ..solicitors had quoted me £8000 that’s a real big jump in price and at such a vulnerable time .. I am now awaiting for the government to process many thanks James for all your help. Corinne Minords

Corinne Minords
Trustpilot five star rating
Brilliant system

Really pleased to have come across this service. The system was easy to use and the support provided was really helpful when I wasn’t sure what info to enter. From my perspective the cost was negligible for the peace of mind the system and team provided. Probate was granted within 8 weeks. Highly recommended.

nigel
Trustpilot five star rating
Peace of mind at fraction of cost & well worth the money.

I knew no IHT was due but with my mother’s nil residential band bit it meant I had to fill in IHT400, then it became various other IHT forms and I lost the will to live, as many of the questions aren’t in simple English. I had quotes from 3-8k just to fill in forms (One bank account, one shared house & one bond). Found the youcandoprobate website – phoned them up & had chat – no sales pressure. After a few days and looking at the forms again & getting confused, I signed up. Took 3 hours to fill in forms, got slightly lost at one point & requested a call back. Lovely chap found the problem (my input numbers in wrong box) corrected them and then stayed on phone while it re-calculated to make sense. Printed all forms off and have just received my code from HMRC. £495 well spent and peace of mind that all forms were correct. One thinks “ IHT I can manage that”, then IHT435 & 436 and then another one with pensions etc etc. I think I ended up sending about 6 different IHT forms in and I know if I had ploughed on myself I would not have sent all the correct forms in.

kch
Trustpilot five star rating
Excellent solution

Excellent solution Easy no nonsense approach to take you through the process

Sarah
Trustpilot five star rating
Due to the present extenuating…

Due to the present extenuating circumstances i.e. Coronavirus Lockdown, I decided to do Probate on my own behalf. Having now completed the paper work. Sincerely I should like to thank the support team for their help and guidance.It was reassuring to know that there was always someone at the end of the phone to call upon if I was uncertain.

Ken Winter
Trustpilot five star rating
I’ve been more than happy using all I…

I’ve been more than happy using all I can do probate I’m nearing the Finnishing stages of the process and Tom, one of the specialists has been more than helpful. I would definitely recommend to anyone looking to do probate.

Darren cundy
Trustpilot five star rating
Very easy to follow step by step…

Very easy to follow step by step instructions

Dougie
Trustpilot five star rating
My dad passed away in December and to…

My dad passed away in December and to save money, because his Estate appeared quite straightforward I opted to take on the role of Executor. Everything has been absolutely fine, time consuming but okay however I was concerned about the IHT element and ensuring the calculations were correct for when the Probate application was submitted. I looked online for assistance and came across YouCanDoProbate. Their website and customer reviews convinced myself and my sister that this would be a good option to finalise everything. We had saved a lot of money by not using solicitors so £499 to ensure everything was accurate would be money well spent. The platform is brilliant, it guides you through every element and you cannot move on until it is completed so removes any risk of errors. It takes you through every step required to complete the Probate application and the completed form is ready for you to download, print and send off. Without a doubt the best decision made in managing my Dad’s Estate and money well spent. Highly recommend YouCanDoProbate to anyone undertaking the role of Executorship.

Lisa Unsted
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
Trustpilot five star rating
Excellent service received from You…

Excellent service received from You Can Do Probate. The staff were very helpful and friendly.

Lesley Sylvester
Trustpilot five star rating
I thoroughly recommend

YCDP really took the stress (as well as quite a lot of admin) out of the Probate application process. Very simple to follow, with clear instructions, and easy-to-follow User Guide. Thorough prompting ensures that you complete everything necessary at each stage before being allowed to print the final Probate application form. I only had to call for support once and my question was dealt with quickly and efficiently.

Chris Kuch
Trustpilot five star rating
90 years old Computer Dummy & Dyslectic

Being 90 years old found the prospect of applying for probate extremely daunting, the registrar of deaths told me to approach the “Bereavement Support Group” who in turn informed me of the web site to down load forms from, this I achieved (all 22pages), and commenced to fill in the answers required, got stuck on one question but the system would then not let me to advance to stage 2 until all was 100% on stage 1. Then phoned “You Can Do Probate” and a gentleman then proceeded to not only help with the unanswered question in Stage.1 but over the next two hours took me thro all the other stages, after which he told me to read very carefully thro the answers for any typo’s or anything not to my liking and to phone him (Giving me his personal phone no) if so. there was one item I was not happy with so made contact again, and he then very carefully took me thro the procedure to make these changes (could never achieved by myself) Then on the 24th July mailed all pages to the Probate Service and on the 14th August received my Probate Certificates Wunderbar

John William Dennis Symonds
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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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