In April, Revenue is commencing an eRCT Bulk Rate Review (“BRR”) of subcontractors dealt with by the Business Division. This is the first BRR of this group of subcontractors since September 2019. Revenue has advised it will undertake a preliminary review to identify subcontractors whose RCT rate could potentially increase following the BRR. Once identified, Revenue will correspond with these subcontractors in advance of the BRR to enable such persons address any outstanding compliance obligations in advance of the BRR.
Revenue have noted that it is looking to change its approach to BRR going forward. This will involve more frequent reviews. Revenue will stagger reviews across the year to facilitate this new approach. This strategy should commence in the latter half of 2022.