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Matt Parrett
Tax Partner at TS Partners
Professional Background
Matt Parrett is a distinguished tax professional and a reputable Tax Partner at TS Partners, a modern accountancy practice known for its innovative approach to accounting and taxation. His expertise predominantly lies in the specialist field of tax, specifically focusing on Research & Development (R&D) tax credits and Buildings Capital Allowances claims. These areas are often overlooked by traditional accountants, and it is here that Matt excels. Under his guidance, TS Partners has emerged as a leader in the extraction and successful claiming of R&D tax credits, having reclaimed over £3 million for local businesses within the last 12 months alone.
Prior to joining TS Partners, Matt amassed extensive experience in various high-level positions within the finance and tax sectors. His journey in the tax industry commenced with his role as Accounts Senior at Baverstock Pollock & Co. Here he laid the foundational knowledge that would fuel his subsequent career. Eventually, Matt transitioned into tax management as he took on the role of Tax Manager at Peters Elworthy & Moore (PEM), where he honed his skills in tax strategy and compliance. His expertise further grew during his tenure as CFO at Contactica Ltd, allowing him to integrate financial planning with tax efficiency.
In the several roles that followed, including Principal at Etax and later Principal at the Tax Shop Accountants, Matt continued to develop a strong understanding of complex tax regulations and compliance requirements. Before joining TS Partners as a Tax Partner, he served as Tax Director at R&D Tax Shop, a role that solidified his dedication to helping businesses maximize their tax benefits through R&D credits.
Education and Achievements
Matt Parrett's academic background is a testament to his commitment to professional growth and development. He began his education at Harlow Technical College, where he studied A Levels in Languages. This diverse educational foundation has not only bolstered his communication skills but has also enabled him to work effectively with a wide range of clients and stakeholders.
His subsequent studies at Bishops Stortford College further equipped him with the critical thinking skills and analytical abilities necessary for navigating the complexities of modern taxation. Though the details of his advanced education are not explicitly mentioned, his career trajectory clearly reflects the practical application of his academic knowledge in the field.
Achievements
Matt's career is marked by a plethora of notable achievements that demonstrate his expertise in the field of taxation. One of his most significant accomplishments is the successful recovery of R&D tax credits, with over £3 million reclaimed for local businesses in just one year. This remarkable achievement highlights his skill in identifying eligible projects and his deep understanding of the intricacies of R&D tax legislation.
Furthermore, Matt's leadership at TS Partners reflects his commitment to not just financial success, but also to providing exceptional service to clients. His ability to simplify complex tax concepts for clients showcases his dedication to client education and empowerment, which is essential in fostering strong, trust-based relationships.
In addition to his hands-on tax work, Matt is known for his thought leadership in the field. He is a frequent speaker and contributor to industry discussions on R&D tax credits and the importance of strategic financial planning, positioning himself as a knowledgeable resource to his peers and clients alike. His initiatives to educate businesses about available tax benefits have substantially impacted the local economy, driving growth and innovation among the businesses he serves.
Education
- A Levels in Languages from Harlow Technical College
- Further studies at Bishops Stortford College