'RELEVANT PROPERTY TRUST' PERIODIC CHARGE TOOLKIT
Use the calculator to calculate or estimate the periodic tax charge that is applicable to most 'relevant property' trusts.
Amount of lifetime Transfer into Trust (£):
Previous Chargeable Transfers in preceding seven years (£):
Date when lifetime transfer took place:
(use dd/mm/yyyy format)
IHT Nil-Rate Band at date of transfer (£):
Available IHT exemptions at date of transfer (£):
Estimated or known IHT Threshold at the ten-year anniversary period (£):
>>OR<< Project IHT Threshold from date of transfer (optional)*
Rate of Increase in the IHT Threshold p.a.
0.5 %
1 %
1.5 %
2 %
2.5 %
3 %
3.5 %
4 %
4.5 %
5 %
5.5 %
6 %
6.5 %
7 %
7.5 %
8 %
8.5 %
9 %
9.5 %
10 %
10.5 %
11 %
11.5 %
12 %
12.5 %
13 %
13.5 %
14 %
14.5 %
15 %
15.5 %
16 %
16.5 %
17 %
17.5 %
18 %
18.5 %
19 %
19.5 %
20 %
* If you have hit a ten-year anniversary, enter the current IHT threshold. If you are estimating what the charge COULD be, project the threshold from Year 1 to the Year 10 anniversary date.
Payments of capital from the trust before the 10th anniversary (that gave rise to a proportionate charge)
Value of Trust Property on the 10th anniversary
>> OR << Project Year 10 value from date of transfer (optional) *
Rate of Increase in the value of Trust Property p.a.
0.5 %
1 %
1.5 %
2 %
2.5 %
3 %
3.5 %
4 %
4.5 %
5 %
5.5 %
6 %
6.5 %
7 %
7.5 %
8 %
8.5 %
9 %
9.5 %
10 %
10.5 %
11 %
11.5 %
12 %
12.5 %
13 %
13.5 %
14 %
14.5 %
15 %
15.5 %
16 %
16.5 %
17 %
17.5 %
18 %
18.5 %
19 %
19.5 %
20 %
* If you have hit a ten-year anniversary, enter the current value of the Trust Property. If you are estimating what the charge COULD be, project the value from Year 1 to the Year 10 anniversary date.
Exit Charge During the first ten years
Amount of lifetime Transfer into Trust (£):
Previous Chargeable Transfers in preceding seven years (£):
Date when lifetime transfer took place:
Date of the capital withdrawal
IHT Nil-Rate Band at the date of the capital withdrawal (£):
Enter amount of capital leaving the trust (£):
Exit Charge Calculation (post 10th anniversary) *
* Important: You must either know the effective rate of the anniversary charge (i.e. 0.411%) and input it, otherwise you need to run the first calculation in order to generate an effective rate.
Enter amount of capital leaving the trust (£):
Enter the effective rate of tax (%) at the previous 10-year anniversary:
Date of the 10 year anniversary
Date of the capital withdrawal