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Business risk review (BRR+)

Companies dealt with by the large business (LB) and certain companies dealt with by local compliance (large and complex) (L&C) within HMRC will normally be subject to a BRR+ once a customer compliance manager (CCM) has been appointed, or if a review is requested. The overall aim of the review process is to assess the tax compliance risk profile of a company and categorise it as either low risk, moderate risk, moderate-high risk or high risk.

Once an initial review has been completed, a company will be entered into a cycle of further reviews, the frequency of which depends on the allocated risk status.

The review process will be in reference to all the taxes relevant to the business and an overall rating will also be issued in respect of the business as whole.

HMRC will undertake various research activities, for example reviewing group websites, and will also hold a fact-finding meeting with the company. A collaborative approach is encouraged, with input from tax, audit and other specialists.

A more detailed overview of