Mha Plc · LSE:MHA
Mha — Investor Presentation (February 2026)
110 slides from Mha's investor presentation, February 2026
Slide 1: Finance Directors Update Course
Finance Directors Update Course February 2026
Slide 2: Disclaimer & Copyright
Disclaimer & You shall not copy, make available, retransmit, reproduce, sell, disseminate, licence, distribute, publish, broadcast or otherwise circulate either within your business or for public or commercial purposes any of (or any part of) these seminar materials provided by MHA Audit Services LL
Slide 3: Thank you for joining us
Thank you for joining us A copy of the slides has been sent to you this morning, are available to download from our website, via the QR code here, or via the link in the Chat, where you will also find other useful information. Please use the Q&A to ask any questions. We will do our best to answer th
Slide 4: Feedback & CPD Certificates
Feedback & CPD Certificates This is a CPD Course and provides 3 hours of relevant CPD. Please use our feedback form to request your CPD certificate for attending. Certificates will be sent out by the end of April, once your attendance has been verified. We appreciate all feedback, which helps us to
Slide 5: Our Speakers
Our Speakers Chris Danes Professor Joe Nellis Richard Maitland David Stone Sue Rathmell Tax Partner & Economic Advisor to Employment Tax Tax Director VAT & Indirect Tax Chairperson MHA Partner Partner Scott London-Hill Jonathan Dowding James Smith Yasmin Ishaq Neil Parsons Research & Tax Director He
Slide 6: Agenda
Focus Time Topic Speaker Agenda 08.30 – 8.45am Introduction & polls Chris Danes, Tax Partner Professor Joe Nellis All 08.30 – 9.30am Economic Update Economic Adviser Neil Parsons, 09.30 – 10.00am Audit & Accounting Standards Head of Financial Reporting 10.00 – 10.10am Comfort Break Richard Maitland,
Slide 7: Poll Results - Biggest Challenges
Poll Results - Biggest Challenges September 2025 – Top 3 challenges for businesses over the next 12 months 0% 10% 20% 30% 40% 50% 60% 70% Inflation & cost pressures Interest rates & financing Economic & Financial Wage pressures People & Workforce Employee retention & upskilling Confidence & demand T
Slide 8: Poll Results – Highest priorities
Poll Results – Highest priorities September 2025 – Top 3 highest priorities for businesses over the next 12 months 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Profitability & efficiency Financial stability & risk management Economic & Financial Debt reduction & liquidity management People & Workforce Ret
Slide 9: Economic Update
Economic Update Professor Joe Nellis Economic Advisor to MHA
Slide 10: Context: VUCA is the New Normal!
Context: VUCA is the New Normal! V U C A Volatility Uncertainty Complexity Ambiguity Rate of change Unclear about Multiple key Lack of clarity the present decision about meaning factors of an event
Slide 11: Prediction is very difficult, especially if it's about the future
<Prediction is very difficult, especially if it's about the future.= Neils Bohr, Nobel Laureate
Slide 12: What? So What? Now What?
What? Now So What? What? Source: Rolfe et al's (2001) reflective model
Slide 13: The Global Economy
” Ze The Global Economy
Slide 14: Growth projections by region
World United States Growth projections 2025 2026 3.3 3.3 2025 2026 2.1 2.4 by region 2027 3.2 2027 2.0 Real GDP growth, per change (January 2026) Middle East and Euro area Central Asia 2025 1.4 2025 3.7 2026 1.3 2026 3.9 2027 1.4 2027 4.0 Emerging and Latin America Developing Asia and the Caribbean
Slide 15: Global Inflation Prospects in 2026
Global Inflation Prospects in 2026 1 Global CPI: Gradually trending lower but remains above pre-pandemic averages, falling to around 3% in 2026 as growth slows. 2 USA: Headline CPI at around 2.5-2.8%, with services inflation sticky. 3 Eurozone: On target at 2%, aided by lower energy price inflation.
Slide 16: Global Economy Outlook – the BIG Issues
Global Economy Outlook – the BIG Issues Monetary Public finance Inflation lower policy easing pressure will but NOT benign - but only limited grow fiscal policy inflation risks interest rates less supportive still persist cuts to come of growth Geopolitics and economic Technology to Climate risk fra
Slide 17: Changing Spheres of Influence
Changing 8Spheres of Influence9 USA EU China Implications for further Trade Relationships
Slide 18: The UK economy
The UK economy
Slide 19: State of the UK Economy
State of the UK Economy • The economy slowed as 2025 progressed – after a good start! • But GDP grew by 0.3% in November – better than forecast. • Inflation concerns easing – but still 8sticky9 • Inflation rate 3.4% in December – up from 3.2% in November • Food inflation remains a problem for many h
Slide 20: UK Economic Growth – Update
UK Economic Growth – Update Source: Office for National Statistics
Slide 21: UK Economic Growth – Outlook
UK Economic Growth – Outlook Source: Office for National Statistics, OBR
Slide 22: UK Trend Productivity – the BIG Problem!
UK Trend Productivity – the BIG Problem! Source: Office for National Statistics, OBR
Slide 23: UK Government Borrowing Costs
UK Government Borrowing Costs 10-year government bond yields Implications for: Feb. 7, 2026 • Government finances? • Business loans? • Mortgage costs? 0.11 Aug. 02, 2020 Source: Trading Economics
Slide 24: International Comparison of 10-year Government Bond Yields
International Comparison of 10 -year Government Bond Yields Source: Haver Analytics, OBR
Slide 25: UK Public Sector Net Borrowing - Outlook
UK Public Sector Net Borrowing - Outlook Source: Office for National Statistics, OBR
Slide 26: UK Public Sector Net Debt - Outlook
UK Public Sector Net Debt - Outlook Source: Office for National Statistics, OBR
Slide 27: UK Government Finances – Long-Term Outlook
UK Government Finances – Long -Term Outlook • National debt (% GDP) could almost TREBLE over next 50 years; • Based on independent OBR research; • Three main reasons: • An ageing population; • Climate change; • Rising geopolitical tensions. • Risks of war, disease, cyber-conflict and trade tensions
Slide 28: UK Interest Rates & Inflation Rate - Latest
UK Interest Rates & Inflation Rate - Latest MPC held rates on 5 Feb…close vote at 5:4 Source: Bank of England & Office for National Statistics
Slide 29: UK Interest Rates & Inflation - Outlook
UK Interest Rates & Inflation - Outlook Source: Bank of England, OBR
Slide 30: UK Labour Market
UK Labour Market With 30% (2.78 mn) About 9.1 million Unemployment has categorized as 8long- people aged 16-64 been edging up in term sick9 – a record recent months classified as high [now at 5.1%] 8economically inactive9 = inactivity rate of 21% Youth Labour shortages Job vacancies steadily unemplo
Slide 31: UK Real Hourly Earnings - Outlook
UK Real Hourly Earnings - Outlook Source: Office for National Statistics, OBR
Slide 32: Employment Falls in Some Sectors
Employment Falls in Some Sectors Source: Office for National Statistics
Slide 33: GfK Consumer Confidence Index (January 2026)
GfK Consumer Confidence Index* (January 2026) A decade since consumer confidence was in positive territory! Consumers remain far from feeling that an economic turnaround is imminent. * GfK’s Consumer Confidence Index measures a range of consumer attitudes, including forward expectations of the gener
Slide 34: UK Economic Growth – Update
UK Economic Growth – Update • Growth recovering, debt remaining high, headroom thin; • Inflation set to fall back to target – subject to external risks! • Bank of England has signalled interest rate cuts ahead; • Minimal growth in living standards for several years ahead; • Labour market challenges
Slide 35: The next five years will see more changes in business
<The next five years will see more changes in business than in the last 50 Forward-thinking leaders will need to focus on the future as well as current challenges as we enter an important period of change= Source: Joe Nellis, People Management, 2024
Slide 36: Audit & Accounting Standards
Audit & Accounting Standards Neil Parsons Head of Financial Reporting Advisory and Company Law Neil.Parsons@mha.co.uk
Slide 37: What we're talking about today
What we9re talking about today 1 Expected future direction of Corporate Reporting 2 IFRS update 3 UK GAAP update 4 Changes to Companies Act 2006 5 Corporate Reporting Tips
Slide 38: Expected future direction of Corporate Reporting
Expected future direction of Corporate Reporting
Slide 39: Future Direction of Corporate Reporting and FRC
Future Direction of Corporate Reporting and FRC Department for Business and Trade (<DBT=) announced on 20 January 2026 that as part of wider statement on promoting UK growth and removing red tape for business the following: • Wider package of audit and corporate governance reforms no longer taking p
Slide 40: Future Direction of Corporate Reporting and FRC
Future Direction of Corporate Reporting and FRC Ministerial letter from Department of Trade (<DBT=) to Chair of Business and Trade Committee announced on 20 January 2026 that: • No longer consulting on major package of audit and corporate governance measures • Considered that deregulatory measures s
Slide 41: Future Direction of Corporate Reporting and FRC
Future Direction of Corporate Reporting and FRC Ministerial letter from Department of Trade (<DBT=) to Chair of Business and Trade Committee announced on 20 January 2026 that: • Work to continue with FRC to support measures already taken and to make the audit market work better, minimise administrat
Slide 42: MHA view on changes
MHA view on changes "While the UK Audit Reform Bill has been scrapped, regulatory scrutiny has not eased. Audit expectations, inspection intensity and enforcement activity remain high, particularly for larger and higher risk businesses. Directors and finance teams should not expect audits to become
Slide 43: Expected changes to be addressed by Department of Business and Trade
Expected changes to be addressed by Department of Business and Trade Key anticipated developments • Remove requirement for a directors9 report entirely. • Exempt <most= medium-sized businesses from need to produce a Strategic Report. • Aim to exemption <wholly owned= subsidiaries from need to produc
Slide 44: FRC Priorities
FRC Priorities Letter from Financial Reporting Council (<FRC=) to Secretary of State for Business and Trade dated 14 January 2026 outlined five clear priorities: • underpinning investor and broader confidence in UK plc • reducing unnecessary burdens on business while maintaining high standards • dev
Slide 45: FRC Priorities
FRC Priorities Letter from Financial Reporting Council (<FRC=) to Secretary of State for Business and Trade dated 14 January 2026 highlighted: • Reduced UK Corporate Governance Code by 20% and Stewardship Code by 20% • FRC will work with those who have an interest in the ambition to look out for opp
Slide 46: FRC Innovation and Improvement Initiatives
FRC Innovation and Improvement Initiatives Initiatives in place (https://www.frc.org.uk/library/innovation-and-improvement-hub/) Images © Financial Reporting Council
Slide 47: IFRS Update
IFRS Update
Slide 48: Summary of Recent IFRS Standards and Changes
Summary of Recent IFRS Standards and Changes Periods on or after 1 January 2025 • Amendments to IAS 21 – Lack of Exchangeability. Periods on or after 1 January 2026 • Amendments to classification and measurement requirements for financial instruments (Amendments to IFRS 9 and IFRS 7) • Contracts ref
Slide 49: UK GAAP update
UK GAAP update
Slide 50: Known Changes to FRS 102
Known Changes to FRS 102 Regarding Periodic Review 2024 the effective date for most amendments is periods beginning on or after 1 January 2026*, with early adoption permitted. These amendments seek to provide greater consistency and alignment to international accounting standards including: • A new
Slide 51: Companies Act 2006
Companies Act 2006
Slide 52: Known simplifications to reporting
Known simplifications to reporting Periods on or after 6 April 2025 • Increases in size limits for companies and LLPs • Simplifications to Directors9 Report disclosures • Simplifications to the Directors9 Remuneration Report requirements. Accounts filings from 1 April 2027 • Accounts must be filed u
Slide 53: Changes to the size criteria of companies including parent companies
Changes to the size criteria of companies including parent companies Accounting Accounting periods periods commencin commencin g before 6 Must apply g on or Must apply April 2025 old rules after 6 April new rules 2025 6th April 2025 Cannot Must apply new rules to the adopt new comparative period for
Slide 54: Qualifying conditions periods on or after April 2025
Qualifying conditions periods on or after 6 April 2025 ‘Annual tumover Balance sheet total Average no. of employees Standalone companies Micro-entity Notmore than £tm| ‘632000) Not more than £500,000 (exarty rt mae ta ‘216 000) Not more tian 10 ‘Small company Not more than 215m (eae et move than cur
Slide 55: Qualifying conditions periods on or after April 2025
Qualifying conditions periods on or after 6 April 2025 Eas | Parent companies Bolance sheet total ‘Average no. of employeet Not mote than 7.5 not oF 59 mihon growe| Qualifying conditions are to satisfy two or more criteria as follows: + In company’s first financial year + Where (subject to below) cr
Slide 56: Corporate Reporting Tips
Corporate Reporting Tips
Slide 57: Annual Review of Corporate Reporting 2024/25
Annual Review of Corporate Reporting 2024/25 The review assesses the quality of corporate reporting by FTSE 350 and other companies and highlights common areas of weakness, examples of good practice, and key expectations for improvement. Key Highlights • FTSE 350 companies show consistent high stand
Slide 58: Top 10 areas at a glance
Top 10 areas at a glance The top ten areas where FRC asked companies substantive questions in 2024/25 are summarised below. Denotes that restatements were required Images © Financial Reporting Council
Slide 59: Mitigating risk of an FRC letter
Mitigating risk of an FRC letter Images © Financial Reporting Council
Slide 60: Break
Break We will resume shortly
Slide 61: Employment Tax
Employment Tax Richard Maitland Employment Tax Partner Richard.Maitland@mha.co.uk
Slide 62: Employment tax – Budget impact
Employment tax – Budget impact • Pension salary sacrifice cap - £2,000 o Opportunity to maximise before 2029 ? o Future impact on benefit and reward strategies o Potential alternatives • Other (limited) salary sacrifice schemes not impacted (for now) • Other developments
Slide 63: Employment tax – Imminent changes and actions
Employment tax – Imminent changes and actions • 'Tackling non-compliance in the umbrella company market' - April 2026 • Mandatory payrolling of benefits – now April 2027 • Imminent reporting of benefits: • P11Ds • PAYE Settlement Agreement (PSA)
Slide 64: Corporate Tax
Corporate Tax David Stone Tax Director David.Stone@mha.co.uk
Slide 65: FD Corporation Tax Update
FD Corporation Tax Update 1 FA 2026 2 Capital allowances 3 Share exchanges 4 Associated companies
Slide 66: Corporation Tax
Corporation Tax • Roadmap to 2029 published alongside Budget 2024 • No changes to corporation tax rates • Key incentives retained: • Full expensing • R&D • SSE • Doubling of late filing penalties • Consultations concluded: • Advanced certainty on major investments • Transfer Pricing • Advanced certa
Slide 67: Capital Allowances
Capital Allowances Writing Down Allowance • Main rate writing down allowances will reduce from 18% to 14% from April 2026. • Special rate writing down allowances to remain at 6%. • New 40% first year allowance announced for main pool expenditure incurred on or after 1 January 2026. • Available for u
Slide 68: Capital Allowances
Capital Allowances Annual Investment Allowance (AIA) No changes announced Remains at £1 million. AIA provides 100% relief Available for new and Likely to cover all on up to £1million of used assets. qualifying expenditure qualifying capital incurred by most SMEs. expenditure per year.
Slide 69: Capital Allowances
Capital Allowances Full Expensing and 50% First Year Allowance • Full expensing provides unlimited 100% relief for qualifying main rate expenditure on plant and machinery • A 50% first year allowance is available for special rate expenditure (e.g. integral features, long life assets, solar panels et
Slide 70: Share-for-share exchange (TCGA 1992)
Share -for -share exchange (TCGA 1992) • S137 and 139 significantly altered to allow counteraction of relief under s135 and 136 . • Removal of commercial purpose test and exemption for <5% Shares in Holdco Shares in Trade Co shareholders • Insertion of a just and reasonable basis disallowance where:
Slide 71: Associated companies
Associated companies • An area of focus for HMRC – the subject of a one-to-many letter campaign • Simplified definition of groups changed with effect from 1 April 2023 to become more encompassing: <A company is an associated company of another company if one has control of the other, or both are und
Slide 72: Associated company limits and thresholds
Main rate limit - £125,000 Main rate limit - £62,500 QIP Threshold - £750,000 QIP Threshold - £375,000 Very large threshold - £10,000,000 Very large threshold - £5,000,000
Slide 73: R&D Tax Credits
R&D Tax Credits Scott London-Hill Research & Development Tax Senior Manager Scott.London-Hill@mha.co.uk
Slide 74: Introduction
Introduction 1 Merged Scheme and Rule Changes 2 Contracted Out R&D • Old Rules • New Rules • Examples • Record Keeping
Slide 75: Merged Scheme
Merged Scheme • Accounting periods starting on or after 1 April 2024 • Enhanced R&D Intensive Scheme (ERIS) for R&D intensive SMEs • Subsidised expenditure • Limited Overseas relief • Contracted out R&D • Pre-Notification requirement
Slide 76: Contracted Out R&D - Old Rules
Contracted Out R&D - Old Rules • Often unclear, however in principle the company performing R&D on behalf of another could not claim – If unable to argue the work was contracted out, HMRC would argue the work subsidised whenever any contract was. • HMRC doubled down following key tribunal cases incl
Slide 77: Contracted Out R&D Under the Merged Scheme
Contracted Out R&D Under the Merged Scheme R&D is contracted out by a person (A) where: <A enters into a contract (which may be written, verbal, or implied) for activities to be done for it. The activities done to meet the contractual obligations include R&D Having regard to the terms of the contrac
Slide 78: Surrounding circumstances
Surrounding circumstances These circumstances might include (but are not necessarily limited to): • Intellectual property (IP) ownership* • Financial risk in undertaking the work* • Autonomy in how the activity is executed* • Means by which the R&D is ultimately to be exploited • The decision-making
Slide 79: Examples
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Slide 80: Example 1
Example 1 • Company A undertakes an R&D software project. • It engages Company B – also a software development company to undertake an aspect of the development work which constitutes R&D. • Company A specifies in detail the nature of the R&D work to be done in its contract with B. • It is likely th
Slide 81: Example 2
Example 2 • Company A undertakes an R&D project to develop a drug. • As part of this project, it contracts out testing to Company B. • Testing is relevant R&D of A, not B. • Company A can claim.
Slide 82: Example 3
Example 3 • Company A has a trade of property development. • It enters into a contract with company B, a building contractor, to build a residential tower block. • When the contract was signed, neither A nor B anticipated that R&D would be required to complete the project. • In the course of groundw
Slide 83: Example 4
Example 4 • A manufacturer (Company A) contracts a third party (Company B) to provide specialist tooling and knows that R&D is likely to be required to develop this. The contract however is just for the provision of the prototype tooling. • These products form part of a wider R&D project of Company
Slide 84: Example 5
Example 5 • Company A, (property letting), commissions Company B, a construction firm, to supply a landmark new building. The building9s size, location, and required performance parameters (carbon neutrality, safety features, lifespan etc) mean that company B will need to conduct R&D. • Company A ap
Slide 85: Key Takeaways
Key Takeaways • Specify exactly what work is necessary, and how it should be done • Specify the R&D that9s required • Keep in mind (amendments to) the contract terms may impact eligibility
Slide 86: Record Keeping
Record Keeping • Contracts • Correspondence relating to re-negotiated contracts based on R&D activities • Actual working relationship – meeting minutes, emails, technical documentation.
Slide 87: Group Election
Group Election Two group companies can make a revocable joint election under CTA09/S1142(5). The effect of this election is that: In respect of any R&D contracted out by one to the other, the one contracting R&D out is to be treated as an ineligible company. Where relief would not otherwise be avail
Slide 88: Transitional rules
Transitional rules Can occur where R&D is contracted out between companies, one has expenditure in a pre-1 April 2024 accounting period (i.e. beginning before 1 April 2024), and one has expenditure in post-1 April 2024 accounting period (i.e. beginning on or after 1 April 2024). Where, in respect of
Slide 89: VAT & Indirect Tax
VAT & Indirect Tax Sue Rathmell VAT & Indirect Tax Partner Sue.Rathmell@mha.co.uk
Slide 90: Budget changes
Budget changes • Gifts of goods to charities will be zero rated from 1 April 2026 • TOMS changes from 2 January 2026 • HMRC9s revised position on cross-border VAT grouping and the Skandia judgment - claims invited • A proposed zero-rating for the sale of land intended for new social housing. HMRC an
Slide 91: What is e-invoicing?
What is e -invoicing? • The digital exchange of invoice data directly between buyers9 and suppliers9 financial systems, even when those systems differ • This process enables invoices to be automatically integrated into the buyer9s system, reducing the need for manual processing and improving efficie
Slide 92: Consultations – have your say
Consultations – have your say • Visitor levies consultation: • Deadline for comment 18 March 2026 • Will VAT be payable on the levy? • Burden on hotel chains etc who will have to administer the scheme • Electric Vehicle Excise Duty eVED for electric vehicles and plug-in hybrids • To be introduced fr
Slide 93: Other VAT news
Other VAT news • HMRC is considering what supplementary data they might require businesses to report in addition to VAT returns. This is in addition to real time reporting and e-invoicing requirements • HMRC intends to 8digitalise9 correspondence with taxpayers and reduce post by 75% to save £50m by
Slide 94: VAT cases update
VAT cases update • Hotel La Tour – HMRC won at the Supreme Court. Opinions are divided! • TOMS VAT - Sonder Europe Ltd – postponed at Court of Appeal. HMRC granted permission to appeal Bolt at Court of Appeal • Ferrero UK Ltd – Nutella biscuits
Slide 95: Challenge to US import duties update
Challenge to US import duties update Current status: President Trump9s use of IEEPA (International Emergency Economic Powers Act) – is it legal? The U.S. Supreme Court heard oral arguments on 5 November 2025. No decision yet. Impact: • Importers could get refunds of duties, potentially over $300 bn
Slide 96: Trade Reporting and Extracting (TRE) service
Trade Reporting and Extracting (TRE) service Overview: • Full rollout expected by March 2026 • Provides access to your UK customs declaration data. • 4 reports available (3 import and 1 export) Current Issues: • Only 31-day report – no expectation of this to change • Limit of 25 report creations per
Slide 97: UK Carbon Border Adjustment Mechanism
UK Carbon Border Adjustment Mechanism Addresses carbon leakage and supports UK net zero goals. Due to be implemented from 1 January 2027. Importers must register if the total value of CBAM goods imported into the UK equals or exceeds £50,000 CBAM will apply a carbon price on emissions to certain imp
Slide 98: Break
Break We will resume shortly
Slide 99: Global Mobility & International Tax
Global Mobility & International Tax James Smith Jonathan Dowding Head of Global Mobility International Tax Director james.smith@mha.co.uk Jonathan.Dowding@mha.co.uk
Slide 100: Short Term Business Travellers
Short Term Business Travellers Tax is not the only risk for employers for business travellers Income tax Immigration Social security coordination • Individuals may become taxable in the • Many countries restrict what is allowed • Reciprocal agreement confirm which host country under a business visa
Slide 101: Short Term Business Travellers
Short Term Business Travellers Common myth: The travel is for less than 183 days so no action is required <183 days No permanent Individual has No economic Yes Is there a DTA? Yes Yes Yes Yes Tax relief presence establishment a foreign employer available * employer No No No No No Company Tax potenti
Slide 102: Economic Employer Principle
Economic Employer Principle Tax authorities increasingly focus on substance over legal form Economic Employer in Practice • Are the services integral to the host entity • Does the host entity benefit economically from duties • Does the host entity carry the risk from duties • Which entity supervises
Slide 103: Poll question
Poll question 1) For those who have international businesses and international business travellers, do you track, monitor and understand where your employees are? Yes No N/A 2) For those who have UK inbound business travel from overseas entities, do you undertake the required Appendix 4 ("Short Term
Slide 104: What is a Permanent Establishment (PE)
What is a Permanent Establishment (PE) ➢ A PE can be created by a non-resident company carrying on a trade overseas (e.g., a US company a UK office, and UK employees, carrying on a trade in the UK). ➢ The existence of a PE gives rise to various local registration, and filing obligations, as well as
Slide 105: Permanent Establishment Key Developments
Permanent Establishment Key Developments ➢ The OECD released an update to the Model Tax Convention in November 2025, which provided new detailed guidance on when a 8home office9 can create a FPOB PE. ➢ New tests to meet, in addition to other conditions such as the requirement for a degree of permane
Slide 106: Corporate Tax Residency Risks
Corporate Tax Residency Risks ➢ UK domestic law provides two tests for determining whether a company is UK tax resident: 1. Incorporation Test; and 2. Central Management and Control Test. ➢ Dual tax residency risk where a company is incorporated in one jurisdiction but controlled from another. ➢ Dou
Slide 107: Transfer Pricing
Transfer Pricing Yasmin Ishaq Transfer Pricing Director Yasmin.Ishaq@mha.co.uk
Slide 108: Transfer pricing
Transfer pricing A summary of key updates in the UK transfer pricing legislation • Major UK transfer pricing updates effective from 1 January 2026 include: • Exemption for UK-to-UK transactions, • New rules for financing/intangibles aligning with OECD, • Harmonising Permanent Establishment (PE) defi
Slide 109: Questions
Questions Chris Danes Professor Joe Nellis Richard Maitland David Stone Sue Rathmell Tax Partner & Economic Advisor to Employment Tax Tax Director VAT & Indirect Tax Chairperson MHA Partner Partner Scott London-Hill Jonathan Dowding James Smith Yasmin Ishaq Neil Parsons Research & Tax Head of Global
Slide 110: Finance Directors Update Course - Save the date
Save the date Finance Directors Update Course Date: 17th September 2026 Time: 8:30 – 12:30 CPD: 3 hours www.mha.co.uk/events/finance-director-update-webinar-september-2026 Thank you for joining us today! © 2026 MHA