New Business Risk Review (BRR) process in place from 1 October 2019

HMRC has updated its business risk review guidance to deal with the new expanded category assessment that applies from 1 October 2019. The BRR is the process by which HMRC evaluates and discusses with a large business where it thinks...

New Business Risk Review (BRR) process in place from 1 October 2019

HMRC has updated its business risk review guidance to deal with the new expanded category assessment that applies from 1 October 2019. The BRR is the process by which HMRC evaluates and discusses with a large business where it thinks...

HMRC’s business risk review process for large corporate taxpayers will change from 1 October 2019

HMRC has indicated it will be rolling out its new business risk review categorisation for large business from 1 October 2019. This follows consultation in December 2017 and the subsequent operation of a pilot by HMRC.  Currently there are only...

Response to the HMRC consultation on business risk review

Following consultation on its large business risk review (BRR) programme, HMRC has commented in the response document that it will develop a new version of the BRR reflecting some of the proposals from that consultation. The new version will be...

HMRC consultation on risk profiling for large business

For the last 10 years HMRC has been using a ‘business risk review’ process to profile large businesses to assist in its management of tax compliance for this sector. This categorises businesses into ‘low-risk’ and ‘non low-risk’.  It is now...