Tax Shocker: Former Head of Tax at EY UK, Paul Davies, joins PwC

Paul Davies, previously UK head of tax at Ernst & Young (July 2006 – November 2008), is joining PricewaterhouseCoopers LLP (PwC). Paul will join PwC as a tax partner with effect from May 2009 and will play an integral role in developing key PwC client accounts.

PwC’s tax practice is the leading tax business in the UK. Overall turnover for the firm in tax grew by 8% in FY08 to £675m.

Ian Powell, UK Chairman, PricewaterhouseCoopers LLP, said:

“We are really looking forward to having Paul join us. His previous experience and seniority as head of tax at Ernst & Young will complement our outstanding tax team as we continue to invest in our strategic priorities and further build our market leading position. This appointment is part of an ongoing programme within PwC to ensure we have the best people for the long term success of our business and our clients.” Paul Davies added:
“I am excited to be joining PwC and am impressed with the vision that the firm’s leadership has of the future. I have made this decision because I want to work with the leading tax practice in the UK and globally. I believe that the strength and depth of the PwC tax practice’s expertise is a real differentiator in serving clients consistently across the world.”