Transfer pricing will expand to SMEs – are you ready for it?
The Finance Bill is likely to bring in the same tax rules for small and medium-sized enterprises rules as those already in force for larger organisations
Deirdre and I recently finished watching BBC’s 2018 series The Split. Okay, we’re a bit behind. It deals with the three Defoe sisters, two of whom are lawyers and the youngest is a childminder. The latter – Rose – is about to marry one of my species, an accountant. She is chatting with her sisters about the husband-to-be and bellows frustratingly “what is transfer pricing?”, presumably to demonstrate the scintillating level of conversation ...
