TCRM3430 - The Business Risk Review (BRR+): Best Practice and Governance of BRR+ Status Reviews

Internal checks must be carried out before the Risk status is shared with the customer. The Tax Specialists and CCM should ensure the narrative included within the BRR+ template issued to the customer meets the expectations – in both content and presentation - as set out in TCRM3320

The CCM responsible for the customer must review the individual regime risk ratings to ensure consistency and accurate assessment. Any disagreements must be discussed and/or escalated to the regime or CCM Tax Professional Manager (TPM).

It is mandatory that before the BRR+ documentation is issued to the customer this must be subject to a ‘second pair of eyes’ peer review by another CCM.

Additionally, where the BRR+ status of a customer changes either from or to Low Risk, or from or to High Risk the move must be agreed by the BRR+ Countersigning Officer through the completion of the ‘BRR+ Customer Risk Category Amendment Template’ (TCRM6000). The BRR+ Countersigning Officer is the CCM Tax Professional Manager or an independent CCM.