<h1>Advance Pricing Agreements secure transfer pricing certainty, including rollback options to extend pricing certainty to prior years.</h1> Advance Pricing Agreements secure pre agreed transfer pricing to promote predictability and reduce litigation. Introduced by the Finance Act 2012, the APA programme encompasses unilateral and bilateral agreements across multiple sectors and transaction types. The regime incorporates rollback provisions-established in the July 2014 Budget and notified in March 2015-that allow taxpayers to obtain pricing certainty for a total of nine years (five prospective APA years plus four prior years by rollback), and about half of submitted applications include a rollback request.