Transfer pricing services
“In our experience, transfer pricing rarely becomes an issue because it’s been deliberately misapplied. More often, it’s simply not considered early enough as businesses grow and structures become more complex.”
Makayla Combes, Tax Associate Director

Transfer pricing is not just about compliance. It’s about control
For many businesses, transfer pricing only becomes a focus when it is required, whether due to growth, overseas expansion, or external scrutiny.
By that stage, the structure is already in place and the challenge becomes justifying decisions that have already been made.
A more effective approach is to consider transfer pricing earlier, ensuring that transactions between connected parties are both compliant and commercially aligned from the outset.
The challenge
Transfer pricing sits at the intersection of tax, commercial decision-making and group structure, which is why it is often overlooked until it becomes unavoidable.
We typically see challenges arise where:
Businesses expand into new territories
Group structures become more complex
Intercompany transactions increase in volume or value
Pricing policies have evolved without formal review
In many cases, the issue is not that transfer pricing has been done incorrectly, but that it has not been considered in sufficient detail early enough. As a result, it often becomes a reactive exercise, rather than something that supports better decision-making from the outset.
Our perspective
We do not see transfer pricing as a standalone compliance exercise.
Done properly, it provides clarity over how value is created within a group, how profits are allocated, and how decisions impact both tax and commercial performance.
In our experience, transfer pricing rarely becomes an issue because it has been deliberately misapplied. More often, it is simply not considered early enough, particularly as businesses grow, expand internationally or introduce more complex group structures.
This allows businesses to:
Understand where profits should sit within the group
Align pricing with commercial reality
Reduce exposure to challenge from tax authorities
Create consistency as the business grows
What we do
We support businesses at different stages of their journey, from early-stage structuring through to ongoing compliance and documentation.
Our services include:
Reviewing group structures and intercompany transactions
Advising on appropriate transfer pricing methodologies
Designing and implementing transfer pricing policies
Preparing transfer pricing documentation
Supporting with HMRC enquiries*
Advising on the transfer pricing implications of expansion, investment or restructuring
Much of our work involves helping businesses formalise arrangements that have developed over time, ensuring they remain appropriate as the group evolves.
*Through our international network, we also have access to advisors who can support with overseas tax enquiries.
When to consider transfer pricing
Transfer pricing is often addressed too late. In our experience, it is worth reviewing when:
Expanding into new jurisdictions
Setting up new group entities
Introducing intercompany charges or financing arrangements
Preparing for investment, audit or exit
Experiencing rapid growth or structural change
Taking a proactive approach at these points can prevent more complex issues later.
Outcomes
A well-considered transfer pricing approach provides:
Greater clarity over group profitability
Reduced risk of challenge from tax authorities
Stronger governance and internal reporting
Confidence during investment or due diligence processes
Transfer pricing is rarely a problem until it is reviewed.
Taking the time to assess your position now can provide clarity, reduce risk and ensure your structure is fit for future growth.

How we work
We combine technical expertise with a practical, commercial approach.
Rather than producing documentation in isolation, we work with you to understand how your business operates, ensuring that pricing reflects the reality of your activities and supports your wider objectives.
The focus is not just on compliance, but on providing clarity and confidence as your business evolves.
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