HMRC Compliance Cost Reviews (CCRs)
In line with Government commitments to reduce the compliance burden on businesses, HM Revenue & Customs (HMRC) publish impact assessments which consider the likely change in compliance costs whenever a policy is introduced or changed. HMRC carried out Compliance Cost Reviews (CCRs) of these impact assessments after the relevant measures have been implemented to confirm whether the original assessment was accurate and reasonable.
The following documents detail the CCRs completed during 2007-08. The results of the 2007-08 CCR Programme are similar to the year before and confirm that the majority of the original analyses were accurate and reasonable with hindsight, albeit with some learning points.
HMRC’s programme of improvements includes the following initiatives:
- Improved training and guidance for those involved in producing impact assessments with stronger focus on presentation of analysis as well as the figures – this includes working with BERR;
- More centralised support which provides better quality assuring at several stages of the Impact Assessment process;
- Liaising closely with the Better Regulation Consultative Committee (an established forum for representatives from trade bodies and businesses to discuss better regulation issues with HMRC) on the CCR Programme;
- Continuing the CCR Programme in 2008-09.
The 42 individual CCRs collated into 39 CCR reports are available below. Some of these documents are PDF format. To view a PDF document you must have a PDF reader installed on your computer. Adobe Reader is provided for downloads.
You can view the CCRs carried out during 2005-06 and 2006-07
2007/08 HMRC Compliance Cost Reviews (CCRs)
- Changes to North Sea Tax Regime (PDF 82K)
- Changes to the Quarterly Instalment Payments Regime for Oil Companies (PDF 80K)
- Child Benefit Bill (PDF 129K)
- Child Trust Fund Bill (PDF 98K)
- Consolidation of Authorised Investment Funds (AIFs) Taxation (PDF 86K)
- Development of a new CD-Rom for VAT (PDF 97K)
- Employer Provided Vans (PDF 95K)
- Employer Supported Childcare (PDF 92K)
- Employment Status Indicator (PDF 92K)
- European Company Statute (PDF 72K)
- Form 42 Reporting of Employment-Related Securities (PDF 99K)
- Implementation of the European Union Savings Directive (PDF 80K)
- Improved PAYE coding and Student Loan recovery for new employees (PDF 89K)
- Improvements to research and development Tax Credits (PDF 88K)
- Research and Development Tax Credits for Large Companies/Vaccines Research Relief (PDF 90K)
- Individual Savings Account (Amendment) Regulations 2003 and the Personal Equity plan (Amendment) Regulations 2003 (PDF 87K)
- ISAs - Simplified Voiding for Investor Error (PDF 89K)
- International Trade Modernisation Project (PDF 84K)
- Introduction of the Short Tax Return for people with simple tax affairs (PDF 89K)
- Mandatory Electronic Payment for Large Employers (PDF 85K)
- Modernising the Tax System for Trusts (PDF 93K)
- National Insurance Bill – closure of schemes designed to avoid payment of NICs (PDF 220K)
- Tackling Avoidance - Disclosure Requirements (PDF 220K)
- Stamp Duty Land Tax Avoidance Schemes (extn of disclosure rules to SDLT) (PDF 220K)
- New Statement of Account (PDF 85K)
- North Sea Oil Tax Pricing Rules (PDF 83K)
- North Sea Taxation: Reform of nominations scheme (PDF 84K)
- Operational and Process Change to Stamp Duty Land Tax (PDF 114K)
- P11 Calculator for employer CD-Rom (PDF 97K)
- Reduced rate of VAT for contraceptive products (PDF 88K)
- Reduced rate of VAT on installation of wood fuelled boilers (PDF 85K)
- Relief for the expenses of managing investments (PDF 85K)
- Shari'a Compliant Financial Products (PDF 126K)
- Tax effects of the Civil Partnership Act (PDF 83K)
- Tax Relief for Spinout Companies from Universities and Research Institutions (PDF 88K)
- Taxation of UK Branches of Foreign Companies (PDF 81K)
- The Denatured Alcohol Regulations (PDF 71K)
- Tonnage Tax (PDF 91K)
- VAT: Changes to Annual Accounting Scheme (PDF 87K)
- VAT: Clarification of HMRC powers to inspect goods (PDF 101K)
- VAT: Power for HMRC to direct businesses to keep records (PDF 100K)
