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HMRC Business Risk Consultation Results
23 April 2018 Amanda Darley, Head of Operations and Engagement
HMRC has published the results of its Business Risk Review ('BRR') consultation. The majority of respondents agreed that there should be more than two risk ratings (Low Risk/Non-Low Risk), and this was also reflected in the BUFDG consultation response. The Government 'accepts the view that … the BRR’s binary Low Risk/Non-Low Risk categories should be changed so it accurately reflects the differences across the large business population'. HMRC will now develop a new version of the BRR process, after 'exploring the optimal level of risk categories', and will pilot the new BRR later this year. Subject to the success of the pilot, a new BRR process will be rolled out to all large businesses in 2019/20.
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23 April 2018 
Amanda Darley, Head of Operations and Engagement
