Reading: BDO promotes Paul Daly to partner

Accountancy and business advisory firm BDO LLP in Reading has promoted Paul Daly to tax partner.

Daly joined BDO in 2012 as a director in the tax team, following previous roles at KPMG, PwC and Vodafone. His promotion to partner will be effective from July 5.

An international tax expert, Daly specialises in transfer pricing and value chain consulting.  He has a focus on the technology, media and telecommunications (TMT) sector, with expertise in R&D tax relief, intellectual property planning and patent box.

Commenting, Daly said: “The opportunity to become a partner in the tax team is an exciting one. Businesses across the Thames Valley have set their sights on growth in both domestic and international markets, and transfer pricing has become one of the most challenging tax-related issues they have to face. I know we have a great team in place to help our clients achieve their ambitious growth strategies.”

Simon Brooker, partner and head of BDO in the Thames Valley, said: “Paul’s promotion is thoroughly deserved. Not only is his technical expertise and leadership second to none, but also his commitment to delivering the very best service is a huge asset to our growing team in Reading.”

Daly is one of 14 new partners at BDO.  The promotions follow last year’s successful merger with PKF (UK) LLP, creating a business with revenues approaching £400 million and the largest global accountancy firm aimed at the mid-market.