Tracey Watts

Partner

Tracey Watts is a Chartered Tax Adviser and Partner at Albert Goodman. Over the last 25 years, Tracey has gained invaluable insight into the particular challenges faced by owner-managed businesses.

Tracey specialises in corporate tax compliance and consulting, with a particular emphasis on business reorganisations and transactions. She also advises clients on how to maximise claims such as capital allowances, and research and development tax allowances. Tracey has also developed a specialism in research and development tax claims, which are available to all businesses rather than just those that are science or technology-focused.

With a strong practical accounting background, Tracey leads Albert Goodman’s Tax Investigations group. In this role, she helps clients navigate their way through an investigation by HM Revenue & Customs, and ensures that they are treated fairly and within the law. Tracey Watts also advises a wide range of businesses and is experienced in dealing with professional partnerships.

Tracey provides Albert Goodman budget updates and has become well known in Taunton and the surrounding area for being able to interpret and give expert analysis of a budget on the day of release.

Outside of work, Tracey’s loves chocolate and dislikes being cold. Her two sons keep her busy at all times!


Posts

Inheritance Tax
Inheritance Tax reduces the amount of your estate which you would like to pass on when you die. With a tax rate of 40% the imposition of Inheritance Tax can...
Job Retention Scheme Update
READ OUR FULL GUIDE TO THE JOB RETENTION SCHEME   The guidance on the JRS was updated on 4 April 2020, to confirm that certain workers were included within the...
Albert Goodman advise on care home acquisition
Buyacarehome members, Chandler and Co and Royds Withy King have completed on the acquisition of The Gables Residential Care Home in Hanham, Bristol for existing operator Paul and Jacky Edwards...
New measures for the self-employed

The Chancellor has finally announced measures to help the thousands of self employed workers who are suffering from severe loses in income under the Self Employed Income Support Scheme.  The…

Self-employed await chancellor’s announcement

A long anticipated announcement is expected from the Chancellor this evening as new measures to help the self employed are finally introduced.  Whilst House of Lords amendments to the Coronavirus…

IR35 Postponed
The long awaited extension of the off-payroll working rules (IR35) from the public sector to the private sector has been postponed.  The change was to be put place in from...
Budget Summary 2020

Budget 2020   The Chancellor Rishi Sunak presented his first Budget on Wednesday 11 March 2020. In his speech he stated ‘we are at the beginning of a new era…