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Claritax News

Transfer pricing – help with common risks – HMRC update GfC7

15 Apr 2026

HMRC have updated their promotional material Help with common risks in transfer pricing approaches — GfC7.

“Find out about best practice approaches to transfer pricing to lower risk and avoid common mistakes.”

References to GfC13 have been added to the Purpose, audience and use, Managing compliance risk for UK businesses (part 1) and Common compliance risks (part 2) documents. The Managing compliance risk for UK businesses (part 1) document has also been updated at section 1.3.3 with a 17th question. The survey link in the Further information — next steps, further questions, webinar, legislation and guidance document has been removed.

https://www.gov.uk/government/publications/help-with-common-risks-in-transfer-pricing-approaches-gfc7

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