Before Starting

Inheritance tax can be a complicated topic and these tools are intended to help you understand some of the key areas. They have been prepared in good faith and are based on our understanding of the law and our interpretation of it. But we do not provide tax advice. So, while we have tried to make inheritance tax simple, this calculator is not intended as a proxy for taking professional advice – advice that will help you understand how much tax may be due on any gifts you make or on your estate.

We always recommend that, prior to undertaking any tax planning, you seek the advice of a qualified professional adviser. He or she can take your personal circumstances into account and give up to date advice based on the rules at the time.

The investments that we manage are high risk and the value of an investment, and any income from it, can fall as well as rise. Investors may not get back the full amount they invest. Tax treatment depends on individual circumstances and may change in the future. Tax reliefs depend on the portfolio companies maintaining their qualifying status. The shares of the smaller companies we invest in could fall or rise in value more than shares listed on the main market of the London Stock Exchange. They may also be harder to sell. Issued by Octopus Investments Limited, which is authorised and regulated by the Financial Conduct Authority. Registered office: 33 Holborn, London, EC1N 2HT. Registered in England and Wales No. 03942880. Issued: November 2016