TCRM3380 - The Business Risk Review (BRR+): Business Risk Review (BRR+) Assessment indicators: Maintaining the audit trail

CCMs must ensure that they maintain a robust audit trail to support the decision they have made following the BRR+. This should include:

• the Customer Overview (CO) Document
• a completed overall Business Risk Review (BRR+) template containing comments and risk ratings from each relevant tax regime
• notes of discussions with specialists, including colleagues outside LB, where appropriate, to support the overall risk markings
• notes of meetings with the customer to discuss and agree the BRR+ across all tax regimes
• notes of meetings (at least yearly) with the customer to discuss the customer’s tax affairs and compliance
• copies of the customer’s documented tax strategy (if there is one);
• details of any intervention activity which has contributed to the CCM’s assessment of risk
• any evidence of customer’s internal governance, including the SAO certificate and the results of any tax or audit specialist activity on the company’s accounting arrangements
• for customers changing to or from Low Risk or High Risk, the BRR+ Customer Risk Category Amendment Template, as located in TCRM6000