Transfer Pricing
Understanding your group to deliver confident solutions.
Transfer pricing requirements are coming under increasing scrutiny. The documentation is essential to ensure compliance with local tax laws and to evidence that transactions between related parties are carried out at arms-length so that profits are taxed appropriately across jurisdictions. We can prepare group transfer pricing documentation, local files, and master files, undertake thin capitalisation reviews, and support you with dispute resolution when needed.
Organisations can often discover transfer pricing requirements reactively.
Which is why proactive planning is recommended, before tripping one of the thresholds or facing compliance tax investigations.
Our specialists take the time to understand your business, choosing the transfer pricing methodologies that best fit your needs. We deliver bespoke solutions grounded in a thorough functional analysis, and align transfer pricing documentation with real commercial goals, showing how it works in practice, not just on paper.
We’re not just transactional. We’re a safe pair of hands for your long-term transfer pricing strategy, building a trusted relationship to deliver your needs with continuity and care.
Why work with us?
Cross-border taxes and reporting requirements can be complex. That’s why we work alongside you to bring simplicity and clarity.
Strategic but hands-on
With a background in wider corporate tax, our experts look at the bigger picture. We take a collaborative and proactive approach that highlights broader challenges and opportunities for your business.
Commercially driven, but practically applied
We’ll ensure that your documentation works for your needs, providing you with a bespoke solution that takes into account your commercial goals and realities.
Long-term, trusted relationships
We’ll be on-hand to support with the implementation of our recommendations, the annual reviews suggested by HMRC, and to tackle any legislative changes.
How we can help
We provide support in identifying the correct and commercially practical methodology, then prepare transfer pricing documentation in accordance with UK requirements.
Step 1
Setting out the current intercompany transactions between the group entities.
Step 2
Performing a functional analysis of the intercompany transactions.
Step 3
Making recommendations to allow management to select an appropriate methodology for pricing intercompany transactions that appropriately reflects the economic reality of the group activities.
Step 4
Undertaking a benchmarking exercise using our external database.
Step 5
Suggesting an appropriate range for the intercompany pricing.
Step 6
Providing annual reviews of your documentation and strategy in line with HMRC’s expectations, to ensure that you’re always compliant with the latest legislation.