Inheritance Tax on crypto and NFTs in the UK
Quick answer: Crypto and NFTs in your estate may be subject to Inheritance Tax at 40% above the nil-rate band (£325,000 in 2026/27, plus possible residence band). Executors must value holdings at the date of death in pounds sterling.
Crypto in your estate may count towards Inheritance Tax like other assets. Valuation at date of death is the starting point.
Valuation
Executors need a sterling value for each holding on the date of death — usually from exchange records or reputable price data. Volatile assets make timing important.
Reporting
If the estate exceeds the nil-rate band, executors file with HMRC. Crypto must be listed alongside other assets. Professional probate help is common for digital estates.
Frequently asked questions
Is crypto exempt from IHT?+
No general exemption. Standard IHT rules apply unless a specific relief applies to the asset type.