Closed consultation

Consultation on the Business Risk Review

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Summary

A consultation into HMRC's process for risk profiling large businesses.

This consultation ran from
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Consultation description

The Business Risk Review (BRR) is a core feature of how HMRC manages the tax compliance of the largest businesses. Customer Relationship Managers currently conduct a periodic BRR of each large business, assessing their risk profile and placing them into a binary ‘low risk’/‘non-low risk’ category. This assessment is a key determinant of the level of scrutiny and resource the business receives from HMRC. The process, while still effective, has undergone limited change since its introduction 10 years ago.

We are seeking your views on how a refreshed BRR approach, potentially with more (e.g. 4-5) risk categories tailored to the tax risks encountered in the large business population, will:

  1. support HMRC in maintaining a shift in large business compliance behaviours
  2. provide greater clarity and confidence for large businesses - for example, the BRR could place businesses into a low risk, low-moderate risk, high-moderate risk, high risk and significant risk category

Documents

Large Business compliance – enhancing our risk assessment approach

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Published 13 September 2017