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1 min readBlockingBank of England taxonomy 2.2.0Updated 11 November 2026

Deferred tax asset consistent between IR.02.01.01.01 and IR.25.06.01.01 (IR.02.01, IR.25.06, Bank of England rule IR_bv1933)

A blocking check on the balance sheet (IR.02.01) and solvency capital requirement - loss-absorbing capacity of deferred taxes (IR.25.06) templates, in the annual solo (ARS) return.

Check your file for this ruleWhat to do if it fails

The rule in plain words

Deferred tax asset consistent between IR.02.01.01.01 and IR.25.06.01.01

What to do if your return fails it

  1. 01Open the tables below and find the cells the rule reads.
  2. 02The two values must be the same. Find which of the two is right, and correct the other one.
  3. 03It runs only when your filing indicators mark IR.02.01 and IR.25.06 as reported.
  4. 04This is a blocking check. A return that fails it is normally rejected, so fix it before you submit.

The cells it reads

Balance sheet (IR.02.01.01.01)

Row

  • R0040Deferred tax assets

Column

  • C0010Solvency II value

Solvency capital requirement - loss-absorbing capacity of deferred taxes: solvency capital requirement loss-absorbing capacity of deferred taxes - deferred tax assets and liabilities (IR.25.06.01.01)

Row

  • R0010Deferred Tax Assets

Column

  • C0010Before the shock

A worked example

With simple numbers.

Illustrative values
Deferred tax assets, Solvency II value1,200
What the rule then expects

Deferred Tax Assets, Before the shock must then be 1,200.

1,200Passes
1,300Fails

A file that reports 1,200 passes. One that reports 1,300 fails, by 100.

The numbers are illustrative.

Which returns it applies to

Line4 Check runs it on annual solo (ARS) return on Bank of England taxonomy 2.2.0. The Bank of England applies it to annual solo (ARS) returns, as a blocking check.

The Bank’s own words and formula

The plain words above are the Bank of England’s own, word for word, from its list of validations.

Show the formulaShow

The Bank of England's formula. Cells are written as {t: table, r: row, c: column}.

{t: IR.25.06.01.01, r: R0010, c: C0010} = {t: IR.02.01.01.01, r: R0040, c: C0010}

Every Solvency UK rule on IR.02.01

Checks like this one, run at the point of submission, are the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.