Evolution of HMRC’s Risk review process

As announced in last October’s budget, the government has committed to investing in recruiting additional HMRC compliance staff – its aiming being to increase their tax yield and crack down on avoidance. inevitably this will lead to an uptake in compliance activity, and with the availability of increasingly reliable data sources, this activity will be more targeted than the randomised reviews whivh have historically been used.

To read Danielle’s article in full, search for page 50 in the London Business Magazine link below: