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Public Accounts CommitteeWritten evidence from Deloitte

As requested, I set out below answers to the questions in your letter of 22 January 2013.

Deloitte draws up financial statements to 31 May; all information below is for the year ended 31 May 2012.

1. Globally, Deloitte member firms reported total revenues for 2011–12 of US$31.3 billion. Our Global Report is at: http://public.deloitte.com/media/0564/pdfs/DTTL_2012GlobalReport.pdf

Global tax revenues for 2011–12 were $5.9 billion, and therefore represented just under 19% of global turnover. Worldwide, Deloitte member firms had 2,050 tax partners and 27,283 tax staff in 2011–12.

2. Deloitte’s UK revenues, across all service lines, in 2011–12 were £2.33 billion. Our 2012 financial statements are available here: http://www.deloitte.com/view/en_GB/uk/about/annual-reports/index.htm

The reported turnover from UK Tax is £529 million, which includes fees billed by Deloitte UK to clients on behalf of other Deloitte member firms and out of pocket expenses. The fees earned by the UK Tax practice were £453 million.

3. The average number of UK tax fee-earners (partners and employees) during 2011–12 was 2,318. At 31 May 2012 there were 177 UK tax partners.

4. Deloitte derived aggregate UK tax revenues of £260 million from non-UK head quartered companies, the FTSE 100 and the FTSE 250 in 2011–12, which we think broadly approximates to multinational corporations.

5. Deloitte derived aggregate tax revenues of £22 million from private individuals in 2011–12 (which excludes any tax revenues earned for providing tax advice to companies controlled by entrepreneurs and other individuals).

6. Deloitte disclosed six schemes under the DOTAS regulations in the year ended 31 May 2010; seven schemes in the year ended 31 May 2011 and four schemes in the year ended 31 May 2012. We have disclosed one scheme since 1 June 2012.

7. Total UK net revenues earned from the UK public sector in 2011–12 were £159 million. Of these, £11 million, or 7%, were tax revenues.

Please let me know if you require any further information. I look forward to attending the Committee’s evidence session on 31 January.

W J I Dodwell
Tax Policy Group

24 January 2013

Prepared 23rd April 2013