Transfer Pricing Services

Transfer Pricing Compliance Solutions

Transfer pricing refers to the body of domestic and international rules, regulations and best practice guidance that help determine how the intra-group business activities of a multinational enterprise should be internally priced and consequently how much tax it should pay in the jurisdictions in which it has business activities.

The transfer pricing rules exist to arrest a potential mischief that could take place should a multinational enterprise choose to price its intra-group business activities in such a way as to gain a tax advantage in a particular jurisdiction. 

At the core of the transfer pricing rules is the concept of the arm’s length principle. This principle essentially provides that there cannot be a tax advantage where intra-group business activities are priced on arm’s length terms. In other words, a multinational enterprise must be careful to conduct and price its intra-group business activities as if there was no relationship at all. Further, the rules require taxpayers caught by the rules to document and defend the arm’s length nature of their pricing policies.    

Trusted Transfer Pricing Business Advisers

We specialise in helping growth companies navigate the plethora of transfer pricing rules that they face globally. These rules will vary in terms of emphasis and practice around the world.

The clients we help can be businesses that are tipping over from being small or medium sized businesses with less than 250 employees worldwide (and less than €50 million consolidated turnover or balance sheet assets of less than €43 million) into large sized businesses that breach these thresholds; or perhaps more established larger businesses that are re-thinking their transfer pricing models as their businesses evolve.

What our clients have in common is that they are growing and are therefore often businesses entering new markets overseas for the first time or are expanding operations, with the result that they are facing increased transfer pricing scrutiny in multiple jurisdictions. 

We act for clients across a wide array of sectors including:

What we do

We provide transfer pricing compliance solutions for the full business cycle for growth companies. Specifically, we help our clients in the following ways:

  • We assess, appraise and advise on transfer pricing risk globally so our clients can be clear on what their transfer pricing obligations are and how to prioritise transfer pricing risks.
  • We prepare and file transfer pricing documentation evidence that helps clients be compliant wherever they are in the world.
  • We defend clients facing adverse transfer pricing scrutiny and where necessary we negotiate and agree settlements with tax authorities for them.
  • We help clients agree arm’s length prices with tax authorities, so they have certainty ahead of implementing certain transactions.

Global team of transfer pricing specialists

We are a specialist team of transfer pricing economists, lawyers and accountants across the world. We are agile and Partner-led and take responsibility for delivering high quality solutions.

Please contact us to discuss your Transfer Pricing needs and to find out more about how we can assist you.

Get in touch with our experts

If you want to discuss a specific issue, ask us for a quote, or simply find out what we have to offer, please complete the form below and we'll get back to you as soon as we can.

Alternatively, please email us at webenquiries@mhllp.co.uk


Key contact

Senior Tax Manager – Transfer Pricing
Ashish Bhatnagar
+44 (0)20 3486 4513

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Meet the team

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Chris Danes

Tax Partner

Chris has been in the Baker Tilly family his entire career, working in the UK for ten years then moving to Baker Tilly International for many years. In 2019, Chris became a Tax Partner with MHA MacIntyre Hudson – the UK member firm of Baker Tilly International.

Chris uses his deep knowledge of the Baker Tilly International network and relationships with the trusted colleagues in circa 150 countries within the Baker Tilly International Network to support his Large Corporate Clients with their Global Tax needs. Chris’s clients include numerous household names and Fortune 500 companies.

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Ashish Bhatnagar

Senior Tax Manager – Transfer Pricing

Ashish has a work experience of more than 14 years in Transfer Pricing. He joined MHA MacIntyre Hudson in March 2020 as a Senior Manager in the Transfer Pricing team.

He has supported clients in designing and setting-up tax compliant structures by advising on the transfer pricing elements of business change and value chain transformation following the guidance of BEPS Action 8-10.  He is well versed with OECD principles and Transfer Pricing regulations of several countries.

He has worked on unique transfer pricing assignments including Profit Attribution analysis for MNCs constituting Permanent Establishments, Cost allocation analysis for Fortune 500 companies, transfer pricing compliances, and planning and optimization opportunities across a wide spectrum of industries.

He is a qualified Chartered Accountant and a member of the Institute of Chartered Accountants of India. He also holds an MBA Degree from Goa Institute of Management in India.

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Alison Conley

Head of Retail & Consumer, Corporate and International Tax Partner

Alison was appointed as one of our Tax Partner's in the summer of 2016 and advises clients of both the London City office and Chelmsford.

After training with a big four firm of accountants, Alison specialised in international tax before being made a partner with BDO, going on to lead its Southern region tax team. She returned to the big four as a partner before becoming a director of a specialist tax and business advisory firm focussing on entrepreneurial clients. 

Over her career, Alison has advised corporate clients of all sizes across many business sectors, but she has particularly strong experience in the retail space. 

Alison has also been involved in multiple transactions and deals, where her focus is on ensuring that the tax strategy matches the needs of the company and its shareholders. 

Alison works closely with the corporate finance teams, and with international clients requiring cross-border tax advice. 

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Victoria Jeffs

Transfer Pricing Manager

Victoria has been with Macintyre Hudson since 2015, starting as a graduate trainee and qualifying as a chartered accountant in 2018. Subsequently moving from audit into tax, she has been a member of the Transfer Pricing team since 2019.

Victoria manages the compliance and advisory aspects of the transfer pricing practice. Working on a diverse range of clients from listed companies through to growing owner managed businesses experiencing transfer pricing issues for the first time, Victoria works closely with her clients to ensure they have the most appropriate policy in place to suit their needs.

In addition, Victoria is an active member of the Social and Charity committees. Most recently she helped arrange our annual client quiz, in which we raised over £8,000 for the London Air Ambulance.

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The core services provided by the firm, global presence, industrial expertise and proactive response helped us take the decision towards using the services of MHA MacIntyre Hudson. - Tillomed Laboratories Limited

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The teamwork and support from the MHA team really made the difference to a complex deal. Anthony Pile - Blue Skies
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