All Posts By

Sam Al-Hamdani

Lush store in Liverpool

High Street retailer Lush demonstrates commitment to tax transparency

News

The Fair Tax Mark is pleased to announce that Lush has been recertified as a Fair Tax Mark business for a fifth successive year. Hilary Jones, Ethics Director, Lush said: “As a company we feel that we should contribute back to the societies from which we trade by being a good employer, by trading fairly with our suppliers and by paying our taxes into the collective purse. “We’re proud to have the Fair Tax Mark and to check ourselves against an independent benchmark so we know we’re operating in a fair and transparent way.” Paul Monaghan, Chief Executive, Fair Tax Mark,…

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Munnelly Group logo

Munnelly Group PLC awarded Fair Tax Mark

News

Munnelly Group PLC have been awarded the Fair Tax Mark, demonstrating their commitment to on time, and in full, transparent tax payment, reporting and disclosure. The group, which is the parent company to five construction and infrastructure support services brands – Munnelly Support Services, Bishopsgate, City Calling, Guardior Security and MacRail Systems – is active across the UK. Chris Harrison, Chief Financial Officer of Munnelly Group PLC, said: “UK construction and infrastructure are usually funded either in wholly or partly by central government who spend UK-generated tax revenues. The subject of fair payment of tax is currently a huge issue within…

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Affinity Water

Affinity Water becomes the 50th company to secure Fair Tax Mark accreditation

News

Affinity Water, the UK’s largest water-only supplier, has today secured Fair Tax Mark accreditation, following its successful assessment against the Fair Tax Mark criteria. Affinity Water provides on average 900 million litres of water each day to a population of more than 3.6 million people in North West London and the Home Counties – serving Bedfordshire, Berkshire, Buckinghamshire, Essex, Hertfordshire, Surrey, the London Boroughs of Harrow and Hillingdon and parts of the London Boroughs of Barnet, Brent, Ealing and Enfield. They also supply water to the Tendring peninsula in Essex and the Folkestone and Dover areas of Kent. Affinity Water…

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VME Retail logo

VME Retail accredited as Fair Tax Mark business

News

VME Retail Systems Ltd, who provide a high quality epos system (IntelliStore) to convenience stores and supermarkets throughout the UK, has today been certified as an accredited Fair Tax Mark business. VME Retail focus on grocery epos, including forecourts, making them a well-known specialist in this particular area, writing and maintaining their own software and offering a support team to assist customers to run their businesses. Already some fifty businesses have been certified, including FTSE-listed plcs, co-operatives, social enterprises and large private business – who between them have income of £50bn and over 6,500 offices and outlets. Fair Tax Mark…

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Fair Tax Week 2019 launched

News

We are pleased to announce that Fair Tax Week in 2019 will run from the 6–14 July 2019, incorporating Tax Justice Sunday on the 7 July. Fair Tax Week 2019 will be co-sponsored by SSE plc and Pennon Group plc. Fair Tax Week is a UK-wide celebration of the companies and organisations that are proud to pay their fair share of corporation tax, and an opportunity to explore the positive contribution this makes to society. Paul Monaghan, Chief Executive, Fair Tax Mark, said: “Corporation Tax is often presented as a burden, but it shouldn’t be. Not when considered against the huge array…

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Richer Sounds store

Richer Sounds takes pride in tax transparency record

News

The Fair Tax Mark is pleased to announce that Richer Sounds has been recertified as a Fair Tax Mark business for a third successive year. The Fair Tax Mark scheme accredits businesses and organisations across the UK committed to paying the right amount of corporation tax at the right time and in the right place. Organisations achieving the Fair Tax Mark demonstrate an exemplar approach to tax transparency and a commitment to shunning tax avoidance schemes. Julie Abraham, CEO, Richer Sounds, said: “Everyone at Richer Sounds is really proud that we’ve earned the Fair Tax Mark accreditation for the third year…

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Gary Honey, M&M Underwriting

M&M Underwriting launch 2019 with Fair Tax Mark accreditation

News

Insurance underwriter M&M Underwriting has become an accredited Fair Tax Mark business, following its successful review against the Fair Tax Mark criteria. M&M Underwriting was established in 2008 to offer specialist & bespoke commercial liability insurance protection for UK-based manufacturers, research & development organisations and university spin-offs, typically those supplying advanced engineering solutions for the automotive, aviation, marine, defence or energy industries. Paul Monaghan, Chief Executive, Fair Tax Mark said: “We are pleased to announce the Fair Tax Mark certification of M&M Undwerwriting. “M&M is taking corporate responsibility around tax transparency seriously and has made a commitment to not use…

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The rise of responsible tax leadership

Blogs

The following interview with our Chief Executive, Paul Monaghan, was recently published by CSR Europe – who will launch a Blueprint on Tax Transparency and Responsibility in March 2019. It explores the emerging trends around responsible tax conduct, and it is reproduced here with their kind permission.   What are the best enablers to get more companies to become responsible tax payers? At the Fair Tax Mark we are finding that different types of corporation have different key motivators. Investors are increasingly pressing listed companies to explain their management of tax risk, and so we are seeing a big increase in transparency…

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FTSE-listed Pennon Group plc becomes first water services and waste management utility to secure Fair Tax Mark

News

Pennon Group plc, the parent company of South West Water, Pennon Water Services and Viridor, has became the first water services and waste management utility to secure the Fair Tax Mark. The Group is one of Britain’s largest environmental infrastructure groups. It is listed at the top end of the FTSE 250, and has a workforce of 5,000 people and assets of £6 billion. The Fair Tax Mark is an independent certification scheme, which recognises organisations that demonstrate they are paying the right amount of corporation tax in the right place, at the right time. Factors contributing to Pennon’s certification…

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Digital identity company Yoti awarded Fair Tax Mark accreditation

News

London-based technology company Yoti has become an accredited Fair Tax Mark business, following its successful review against the Fair Tax Mark criteria. Founded in 2014, Yoti is on a mission to become the world’s trusted identity platform. The free Yoti app transforms paper ID documents into a secure digital identity, giving individuals an easier and more secure way to prove who they are, online and in person. For businesses, Yot’s global identity platform gives them a simple and secure way to verify the age and identity of their customers. The Fair Tax Mark is an independent certification scheme, which recognises…

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