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See how much of the £3,000 annual exemption and one-year carry-forward may cover your 2026/27 gifts.
Sample figures · edit both amounts to match your records
Annual exemption available
£5,000
2026/27 allowance: £3,000
Unused 2025/26 allowance carried forward: £2,000
Applied to 2026/27 gifts: £5,000
Beyond this tracked allowance: £600
Current-year exemption used: £3,000
Carry-forward used after that: £2,000
The amount beyond this allowance may qualify for another exemption or need separate Inheritance Tax treatment. This calculator does not decide which applies.
Of the £3,000 allowance for the previous tax year; any unused amount may carry forward once.
Include all gifts you want to compare with the annual exemption, not just gifts to one person.
GOV.UK allows £3,000 of gifts each tax year under the annual exemption. Unused exemption can be carried forward for one tax year, and the current year’s exemption is used first. This planner applies that order to the amounts you enter; it does not decide whether individual transfers qualify.
For a multi-gift date record and seven-year timeline, use the IHT Gift Timeline Planner. For a broader estate illustration, see the Inheritance Tax Planner.
The figures shown are limited to the annual exemption and one tax year of carry-forward described in GOV.UK guidance. Check other gift exemptions separately.