All Posts By

Paul Monaghan

Fair Tax Fortnight 2018 – celebration of responsible tax is warmly received right across UK

Blogs

The UK’s first ever Fair Tax Fortnight (June 9-24) set out to celebrate those companies and organisations that are proud to pay their fair share of corporation tax, and to explore the positive contribution this makes to society. I’m delighted to say that it did this and then some. As you might expect, Fair Tax Mark certified organisations where at the forefront of events. Dozens of business (big and small) gathered at the opening conference on June 7th; which was kindly sponsored by SSE plc, with key contributions from the Co-op, Marshalls, Combat Pest Control and Ethical Consumer. Elsewhere, Fair Tax…

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Timpson Group gain Fair Tax Mark at opening of Fair Tax Fortnight

News

The Fair Tax Mark is delighted to announce that the Timpson Group (which includes high street businesses Timpson, Johnsons the Cleaners, Snappy Snaps and Max Spielmann), has been accredited with the Fair Tax Mark, demonstrating their commitment to paying the right amount of tax, at the right time and in the right place. The accreditation comes at the opening of the UK’s first ever Fair Tax Fortnight, and alongside the release of new research about the public’s attitude to tax and good corporate conduct. Polling* commissioned by the Fair Tax Mark has found that seven in ten of the public…

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How can we ensure that tax evaders and aggressive tax avoiders do not profit from taxpayer-funded public procurement contracts?

Blogs

Conservative MP for North Wiltshire, James Gray, recently asked Parliament what steps the UK Government was taking in its procurement policy to tackle aggressive tax avoidance by government suppliers.[1] A reasonable question: why should tax dodgers profit from contracts funded by taxpayers? The answer from the Parliamentary Secretary at the Cabinet Office, Oliver Dowden, was convoluted, but seemingly positive. He said: “The 2015 Public Contract Regulations implemented the latest EU Public Procurement Directive, and require public bodies to exclude suppliers from a procurement where the supplier has been found guilty of breaching its obligations in relation to payment of taxes…

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Edinburgh retailer Paper Tiger secures Fair Tax Mark

News

(The following is Paper Tiger’s Press release of 1st November) Paper Tiger, the leading independent card and gift retailer, has been awarded the Fair Tax Mark – the first independent business in Scotland to achieve this certification. The Fair Tax Mark certifies that Paper Tiger has met the highest standards in tax transparency, and is fully compliant in all its tax dealings. Commenting on the award, Paper Tiger Director Michael Apter said: “Paper Tiger aims to deliver a great shopping experience, with great products in great stores, assisted by a great team. As well as being great, we want to…

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Tax Strategy reporting among the FTSE 50

News

TAX STRATEGY REPORTING AMONG THE FTSE 50 – slow to emerge, poorly executed, but a few examples of excellence New Government regulation requires that large business operating in the UK publish a UK Tax Strategy annually. However, an analysis of the UK’s fifty largest listed businesses by the Fair Tax Mark and the Local Authority Pension Fund Forum (LAPFF) has found that the majority of FTSE 50 companies have not followed Government and HMRC Guidance in a prompt and rigorous manner. Only a third (34%, or 17) of FTSE 50 companies had published a Tax Strategy resembling that required by…

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