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Matthew Watts
Head of Tax Birmingham at Smith & Williamson
Professional Background
Matthew Watts is a distinguished corporate tax adviser with an extensive background in international tax planning, group structures, acquisitions, disposals, and transfer pricing, bringing over 25 years of experience to the table. His career began in 1997 with Deloitte, where he initially honed his skills in corporate tax advising. He later made a significant impact at Ernst & Young, working in their Transaction Tax Group for seven years. His expertise lies particularly in advising corporate and private equity clients, allowing them to navigate the complex tax landscape surrounding acquisitions and sales.
In May 2008, Matthew joined Smith & Williamson, a prominent accounting and investment management firm, as Director of Birmingham Business Tax Services. Under his leadership, the Business Tax team, as well as the Transactions Tax team, have supported a variety of companies, especially in the dynamic video games and technology sector—a field that ignites Matthew’s professional passion. He considers it immensely rewarding to assist businesses in capitalizing on their innovations and securing R&D tax credits that encourage continued research and development efforts.
Matthew's role includes providing meticulous tax due diligence and tax structuring advice on a broad spectrum of UK and cross-border transactions. This hands-on experience uniquely positions him as one of the leading tax advisors in the region, known for both his technical expertise and understanding of the industry nuances that his clients face.
Education and Achievements
Matthew possesses a Master of Arts (MA) degree in History from the prestigious University of Cambridge, where he achieved a 2:1. This degree not only signifies his academic excellence but also contributes to his well-rounded perspective on business and societal trends that impact financial decisions. His qualifications extend beyond his educational achievements, as Matthew is a qualified Chartered Accountant (ACA), further affirming his expertise in the field of corporate taxation.
Throughout his career, he has also played a pivotal role in assisting various companies in their endeavours to successfully claim Research and Development (R&D) tax credits. R&D tax credits are a crucial element for fostering innovation and growth, and his contributions in this regard have undoubtedly aided numerous firms in the technology sector maintain their competitive edge through financial relief and enhanced investment capacity.
Achievements
Matthew has acted as a reporting accountant for several companies listed on the London Stock Exchange and AIM, further showcasing his broad range of capabilities within the taxation landscape. As he leads the Birmingham Business Tax Services team at Smith & Williamson, his clients benefit from years of accumulated knowledge and insights. His enthusiastic involvement in technology and video games means he stays on top of industry trends, which allows him to deliver tailored advice that aligns with current market shifts and opportunities.
In summary, Matthew Watts stands out as a leading expert in corporate tax advisory services, particularly within the international scope. His commitment to enhancing his clients' success through effective tax strategies and his longstanding history of working with reputable firms like Deloitte, Ernst & Young, and Smith & Williamson illustrate his dedication and ability to navigate complex tax matters successfully. His passion for the technology sector, paired with his vast advisory experience, positions him uniquely to make significant contributions to companies seeking to thrive in today's competitive global market.