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Income tax (Tables)
12 Months Ended
Dec. 31, 2019
Statement [LineItems]  
Components of Income Tax for Period (Income) / Charge
    
Note
     
2019  
     2018     2017 
Current tax
              
Current year
       118        54      220 
Adjustments to prior years
  
 
 
 
     (14)       (36     47 
          
 
104  
 
    
 
18
 
    
 
267
 
Deferred tax
  
 
40
 
            
Origination / (reversal) of temporary differences
       69        23      397 
Changes in tax rates / bases
       33        (30     (550
Changes in deferred tax assets as a result of recognition / write off of previously not recognized / recognized tax losses, tax credits and deductible temporary differences
       4        (35     (45
Non-recognition of deferred tax assets
       17        17      41 
Adjustments to prior years
  
 
 
 
     (8)       48      (45
 
  
 
 
 
    
 
114  
 
    
 
22
 
    
 
(201
Income tax for the period (income) / charge
  
 
 
 
    
 
                218  
 
    
 
                40
 
    
 
                65
 
Summary of Reconciliation Between Standard and Effective Income Tax
Adjustments to prior years include shifts between current and deferred tax.
 
Reconciliation between standard and effective income tax:
  
2019  
   2018   2017 
Income before tax
   1,457      751    2,534 
Income tax calculated using weighted average applicable statutory tax rates
   293      178    745 
Difference due to the effects of:
  
 
  
 
    
Non-taxable income
   (76)     (80   (157
Non-tax deductible expenses
   22      28    28 
Changes in tax rate/base
   33      (30   (550
Different tax rates on overseas earnings
   (1)     -    (1
Tax credits
   (67)     (68   (67
Other taxes
   57      29    67 
Adjustments to prior years
   (22)     11    2 
Origination and change in contingencies
   -      2    9 
Changes in deferred tax assets as a result of recognition / write off of previously not recognized / recognized tax losses, tax credits and deductible temporary differences
   4      (35   (45
Non-recognition of deferred tax assets
   17      17    41 
Tax effect of (profit) / losses from joint ventures and associates
   (11)     (9   (7
Other
   (31)     (3   (1
 
  
 
(76) 
 
  
 
(138
  
 
(680
Income tax for the period (income) / charge
  
 
                218  
 
  
 
              40
 
  
 
              65
 
Summary of Income Tax Related to Components of Other Comprehensive Income and Retained Earning
The following tables present income tax related to components of other comprehensive income and retained earnings.
 
           
            2019  
               2018               2017 
Items that will not be reclassified to profit and loss:
          
Changes in revaluation reserve real estate held for own use
       1      7    9 
Remeasurements of defined benefit plans
  
 
 
 
     90      (15   (175
      
 
92  
 
  
 
(8
  
 
(166
Items that may be reclassified subsequently to profit and loss:
          
(Gains) / losses on revaluation of available-for-sale investments
       (724)     531    (157
(Gains) / losses transferred to the income statement on disposal and impairment of available-for-sale investments
       94      (17   441 
Changes in cash flow hedging reserve
       3      1    567 
Movement in foreign currency translation and net foreign investment hedging reserve
  
 
 
 
     (5)     (20   76 
 
  
 
 
 
    
 
(632) 
 
  
 
494
 
  
 
927
 
Total income tax related to components of other comprehensive income
  
 
 
 
    
 
(541) 
 
  
 
486
 
  
 
762
 
 
         
                2019  
                           2018                          2017 
Income tax related to equity instruments and other
               
Income tax related to equity instruments
  
 
31
 
   51      38   44 
Other
  
 
 
 
   (1)     (12  14 
Total income tax recognized directly in retained earnings
  
 
 
 
  
 
50  
 
  
 
26
 
 
 
58
 
Aegon N.V [member]  
Statement [LineItems]  
Components of Income Tax for Period (Income) / Charge
    
                     2019
                      2018 
Current Tax
   
Current Tax
   40   2 
Income tax for the period (income) / charge
  
 
40
 
 
 
2
 
Reconciliation between standard and effective tax
   
Income before tax
   (181  (124
Tax on income on Dutch corporate income tax rate
   45   31 
Differences due to the effect of:
   
Non deductible expenses
   (6  (5
Adjustments prior year
   -   (24
Total
  
 
40
 
 
 
2