Ireland Inheritance Tax Calculator

The Ireland Inheritance Tax Calculator is designed to allow free online calculations for residents and non-residents who have or will receive inheritance in Ireland. The calculator allows quick inheritance tax calculations so that you can calculate the total Inheritance tax due in Ireland in 2020. This calculation provides you with two important pieces of financial information, the first is the amount of tax you owe on inheritance received in Ireland, the second is the net amount of inheritance received after tax. Once you have calculated the inheritance tax due, you can print the document or email the inheritance tax document to yourself for later reference.

Ireland Inheritance Tax Calculator 2020

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How to calculate Inheritance Tax in Ireland

Ireland Inheritance Tax Calculator. This image shows the Ireland flag and information relating to the inheritance tax rate formula used for calculating Inheritance Tax in Ireland using the Ireland Inheritance Tax Calculator in 2020

You can calculate inheritance tax manually using the latest inheritance tax rates and thresholds and the tax formula shown below or use the free online inheritance tax calculator provided by iCalculator.

Ireland Inheritance Tax formula

You can calculate inheritance tax manually using the following inheritance tax formula:

Inheritance Tax = (a - c) x (b / 100)

Where:

  • a = The inheritance amount received or expected in Ireland.
  • b = The relevant rate of inheritance tax in Ireland associated with your relation to the deceased.
  • c = The relevant inheritance tax relief you are entitled to.

Inheritance Tax Rates in Ireland

The table below specifies the relevent inheritance tax rates applicable in Ireland, these were last updated in line with the published inheritance tax rates in 2020.

Ireland Inheritance Tax Tables in 2020: Inheritance Tax Rates and Thresholds (Annual)
Inheritance Tax RateInheritance Tax Allowance:Applies to:
33%€310,000.00Beneficiary is the spouse or a child of deceased
33%Up to €32,500.00 eachBeneficiary is an ant/uncle, brother/sister, nephew/niece, grandchild of deceased
33%Up to €16,260.00 eachBeneficiary is unrelated to deceased

You can view historic inheritance tax rates and other tax rates and allowances in the Ireland Tax Tables.

How to use the Ireland Inheritance Tax Calculator

You can view the calculator inline or full screen. The inline view displays the calculator surrounded by the normal menus and links to other tools and supporting information. The full screen view removes or the unnecessary information so you can focus solely on using the Ireland Inheritance Tax Calculator. The following step-by-step guides to calculating inheritance tax online with the Ireland Inheritance Tax Calculator covers all the functions within the inheritance tax calculator:

How to complete a Gains Tax Calculation

  1. Select Normal View or Full Screen View.
  2. Select Resident or Non-Resident
  3. Enter the Inheritance Amount expected/received.

The Inheritance Tax Calculator will then automatically calculate the tax due based on the details entered.

More Good Calculators for Ireland

If you found this information about Inheritance in Ireland useful and liked our free online inheritance tax calculator for Ireland then you will probably find the following calculators and supporting Ireland tax tables useful.