Inheritance Tax thresholds
Updated 6 April 2016
© Crown copyright 2016
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This document is out of date. Please see Rates and allowances: Inheritance Tax thresholds and interest rates for more information.
Inheritance Tax thresholds - from 18 March 1986 to 5 April 2017
| From | To | Threshold/nil rate band |
|---|---|---|
| 6 April 2009 | 5 April 2017 | £325,000 |
| 6 April 2008 | 5 April 2009 | £312,000 |
| 6 April 2007 | 5 April 2008 | £300,000 |
| 6 April 2006 | 5 April 2007 | £285,000 |
| 6 April 2005 | 5 April 2006 | £275,000 |
| 6 April 2004 | 5 April 2005 | £263,000 |
| 6 April 2003 | 5 April 2004 | £255,000 |
| 6 April 2002 | 5 April 2003 | £250,000 |
| 6 April 2001 | 5 April 2002 | £242,000 |
| 6 April 2000 | 5 April 2001 | £234,000 |
| 6 April 1999 | 5 April 2000 | £231,000 |
| 6 April 1998 | 5 April 1999 | £223,000 |
| 6 April 1997 | 5 April 1998 | £215,000 |
| 6 April 1996 | 5 April 1997 | £200,000 |
| 6 April 1995 | 5 April 1996 | £154,000 |
| 10 March 1992 | 5 April 1995 | £150,000 |
| 6 April 1991 | 9 March 1992 | £140,000 |
| 6 April 1990 | 5 April 1991 | £128,000 |
| 6 April 1989 | 5 April 1990 | £118,000 |
| 15 March 1988 | 5 April 1989 | £110,000 |
| 17 March 1987 | 14 March 1988 | £90,000 |
| 18 March 1986 | 16 March 1987 | £71,000 |
‘Capital Transfer Tax’ (Inheritance Tax thresholds) - 17 March 1986 back to 13 March 1975 for England, Wales, Scotland and Northern Ireland
| From | To | Threshold/nil rate band |
|---|---|---|
| 6 April 1985 | 17 March 1986 | £67,000 |
| 13 March 1984 | 5 April 1985 | £64,000 |
| 15 March 1983 | 12 March 1984 | £60,000 |
| 9 March 1982 | 14 March 1983 | £55,000 |
| 26 March 1980 | 8 March 1982 | £50,000 |
| 27 October 1977 | 25 March 1980 | £25,000 |
| 13 March 1975 | 26 October 1977 | £15,000 |
‘Estate Duty’ (Inheritance Tax thresholds) - 12 March 1975 back to 16 August 1914 for England, Wales and Scotland
| From | To | Threshold/nil rate band |
| 22 March 1972 | 12 March 1975 | £15,000 |
| 31 March 1971 | 21 March 1972 | £12,500 |
| 16 April 1969 | 30 March 1971 | £10,000 |
| 4 April 1963 | 15 April 1969 | £5,000 |
| 9 April 1962 | 3 April 1963 | £4,000 |
| 30 July 1954 | 8 April 1962 | £3,000 |
| 10 April 1946 | 29 July 1954 | £2,000 |
| 16 August 1914 | 9 April 1946 | £100 |
‘Estate Duty’ (Inheritance Tax thresholds) - 12 March 1975 back to 16 August 1914 for Northern Ireland only
| From | To | Threshold/nil rate band |
| 22 March 1972 | 12 March 1975 | £15,000 |
| 5 May 1971 | 21 March 1972 | £12,500 |
| 4 June 1969 | 4 May 1971 | £10,000 |
| 22 May 1963 | 3 June 1969 | £5,000 |
| 4 July 1962 | 21 May 1963 | £4,000 |
| 1 November 1954 | 3 July 1962 | £3,000 |
| 29 August 1946 | 31 October 1954 | £2,000 |
| 16 August 1914 | 28 August 1946 | £100 |