Inheritance Tax quarters calculator for trusts - introduction
This calculator will give you the number of quarters (three month periods) when Inheritance Tax is charged on a trust for certain chargeable events.
On this page:
When you can use this calculator
You can use this calculator where there is:
- a ten year anniversary charge and the assets haven't been relevant property for the full ten years
- an exit charge on assets transferred out of the trust before or after the first ten year anniversary
Detailed guidance on relevant property trust chargeable events
When you can't use this calculator
Don't use this calculator for a charge arising on an 18 to 25 trust
The Inheritance Tax Manual gives guidance on how to calculate the charge in these cases.
Inheritance Tax Manual - Special trusts - Age 18-to-25 trusts
Go to the calculator
Go to the Inheritance Tax quarters calculator for trusts