Upcoming Events
Calculating Inheritance Tax: A Step-by-Step Guide for Advisers
19 Mar 26 5 min read
Inheritance Tax (IHT) continues to affect a growing number of estates, and advisers are increasingly required to navigate the complex rules that determine an individual’s liability. Before exploring any planning strategy, the essential first step is accurately assessing the size of the client’s IHT exposure. This involves understanding a wide range of factors, including exemptions, reliefs, transferable allowances and the interaction between the nil‑rate bands.
From April 2027, most pensions will also fall within the IHT calculation for the first time, adding a new layer of complexity to an already intricate process.
In this session, Senior Technical Managers Neil Macleod and Shoaib Ahmed provide a clear, structured walk‑through of the steps involved in calculating an individual’s IHT liability—both under the current rules and within the forthcoming pension reforms.
Neil Macleod (Senior Technical Manager, M&G Wealth)
Shoaib Ahmed (Senior Technical Manager, M&G Wealth)
60 minute session followed by approximately 30 mins Q&A
Structured CPD accredited by CII and CISI
Learning outcomes
By the end of this session, you will be able to:
- Identify and explain the key components that form part of the UK Inheritance Tax calculation.
- Apply a step by step methodology to determine an individual’s IHT liability using current legislation.
- Describe how the IHT treatment of pensions will change from April 2027 and outline how this impacts future calculations.
Registration
19 March 2026 at 10am
Tech Matters
Ask an expert
Submit your details and your question and one of your Account Managers will be in touch.
