We review and consult on how we apply the levy rules each year, with a wider consultation every three years.

The following rules and guidance provide a detailed explanation of how we calculate the levy. The appendices and guidance documents include steps that schemes can take to ensure they receive credit for positive actions, such as certifying contingent assets or deficit reduction contributions.

Download the full levy rules for 2018/19

Here you’ll find all of the relevant levy rules documents for 2018/19. 

The rules, determination and relevant appendices are all part of the levy rules. The related guidance gives you an overview of how we intend to operate the rules in practice. Where there are any differences between the guidance and the rules, the rules prevail.

The determination and levy rules

2018-19 Third Triennium Policy Statement
Determination & Levy Rules

The rules appendices


ABC Appendix
Contingent Asset Appendix
DRC Appendix
Insolvency Risk Appendix

Investment Risk Appendix
MFR Conversion Appendix
SWOSS Appendix
Transfers Appendix
Transformation Appendix

Guidance documents


Guidance on ABCs
Guidance on Bespoke Investment Risk Calculation
Guidance on Block Transfers
 
Guidance on Contingent Assets (General Part 1 of 4)
Guidance on Contingent Assets (Type A – Part 2 of 4)
Guidance on Contingent Assets (Type B – Part 3 of 4)
Guidance on Contingent Assets (Type C – Part 4 of 4)
 
Guidance on DRCs
Guidance on Exclusion of Mortgages
Guidance on Insolvency Risk

Related forms and documents


Form of Type A contingent asset – group company guarantee
Form of Type B(i) contingent asset – security over cash
Form of Type B(ii)EW contingent asset – security over real estate (England and Wales)
Form of Type B(ii)NI contingent asset – security over real estate (Northern Ireland)
Form of Type B(ii)S contingent asset – security over real estate (Scotland)
Form of Type B(iii) contingent asset – security over securities
Form of Type C(i) contingent asset – letter of credit/bank guarantee (evergreen)
Form of Type C(ii) contingent asset – letter of credit/bank guarantee (reducing balance)
 
Forms on ABCs Certificate
Forms on CRA Ratings Certificate
Forms on Immaterial Mortgage Certificate
Forms on Pension Scheme Mortgage Certificate
Forms on Refinance Mortgage Certificate
Forms on Rent Deposit Certificate
Forms on Special Category Employer Certificate
Forms on 1819 Accounting Standard Change Certificate
Guidance on 1819 Accounting Standard Change Certificate
 
S&P Global Market Intelligence Credit Model Financial Institutions White Paper