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News

Lincoln, Edinburgh and Trafford are latest to champion fair tax conduct

Blogs, News

Local councils across the UK have made it clear: these tough times are no obstacle to doing the right thing on tax. Three more – the City of Lincoln Council, the City of Edinburgh Council and Trafford Council – have made significant commitments in support of responsible tax conduct, joining the six already signed up. Lincoln and Trafford have both approved our Councils for Fair Tax Declaration, committing them to lead by example on their own tax conduct, demand greater transparency from suppliers, and, call for more meaningful powers to tackle tax avoidance amongst suppliers. In Trafford, the motion passed…

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Gleeson is first housebuilder to be awarded the Fair Tax Mark

News

MJ Gleeson plc, the low-cost housebuilder and strategic land specialist, announces is the first housebuilder to be accredited with the Fair Tax Mark. The FTSE-listed housebuilder which is known for making home ownership affordable to those on low incomes has met the Fair Tax Mark’s tough criteria and demonstrates its commitment to responsible tax conduct and transparency. As part of the accreditation process, Gleeson Homes, and its parent company MJ Gleeson plc, revised their Tax Strategy – which now explicitly shuns both tax haven abuse and tax avoidance. The Annual Report and Accounts now provides extra detail on tax relief…

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Epworth Investment Management first fund manager to secure Fair Tax Mark

News

Epworth Investment Management, which has in excess of £1.2bn of assets under management, has today (Monday, 21stSeptember) secured its first Fair Tax Mark certification, and joins the growing movement of responsible businesses who ‘say what they pay with pride’. Epworth Investment Management is an investment manager dedicated to serving the needs of Churches and Charities. They are stewards of their investors’ money and carefully select investments using Christian ethical criteria. Epworth is wholly owned by the Central Finance Board of the Methodist Church, which was founded in 1960. The Fair Tax Mark an independent certification, which recognises organisations that demonstrate…

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Electricity North West secures Fair Tax Mark certification

News

Electricity North West, the power network operator for the North West of England, has secured its first Fair Tax Mark certification, joining the growing movement of progressive businesses who are proud to say what they pay with pride. The electricity distributor, which serves diverse communities from the Lake District to Manchester city centre, has met the Fair Tax Mark’s tasking criteria and demonstrates its commitment to responsible tax conduct and transparency. 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…

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Fair Tax Mark consults on internationalisation proposals

News

The internationalisation of the Fair Tax Mark moved a step closer with the release of proposals that would form the basis of the Fair Tax certification of businesses that have their ultimate holding company situated outside of the UK. Responding to the needs and demands of civil society, regulators, investors and municipalities around the world, the Fair Tax Mark intends to expand and offer certification across the world – not least to counter the low-bar programmes of unscrupulous accounting and auditing entities. The move follows a number of Fair Tax Mark certification enquiries from businesses around the globe – all…

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The new ‘Lockdown mindset’: More Brits call for greater accountability for businesses on tax avoidance and social responsibility

News

More Brits call for greater accountability for businesses on tax avoidance and social responsibility New research reveals Govt bailouts have prompted growing consumer unease towards companies who avoid or do not publish tax contributions A new ‘Lockdown mindset’ emerge as more Brits now expect employers to do their bit for local economies and public services Significant shift in consumer behaviour towards ethical spending as Brits shop by their values The public are using lockdown to take decisive action against tax avoidance practices, as record numbers of Brits would rather shop with (79%[1]) or work for (82%[2]) a business that can…

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Freethought Internet is first Lincoln business to secure Fair Tax Mark

News

Lincoln-based Freethought Internet has today secured Fair Tax Mark certification and joins the growing movement of responsible businesses who ‘say what they pay with pride’. Website hosting company Freethought Internet becomes the first company head-quartered in Lincolnshire to achieve the Fair Tax Mark. As part of the accreditation process, Freethought Internet has published their first Fair Tax Mark Statement. This details a new tax policy, which commits them to shun tax avoidance. The Statement also includes a numerical current tax reconciliation and a detailed supporting narrative, which further emphasises their commitment to leading-edge tax transparency. Freethought was founded in 2003…

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Gary and Matt from Timetastic stood in front of blue and green wall.

Timetastic is latest Manchester business to secure Fair Tax Mark

News

Timetastic, the rapidly growing digital enterprise providing online holiday and leave tracking for more than 8,500 businesses, has today secured Fair Tax Mark certification and becomes part of the growing movement of responsible businesses who are proud to ‘say what they pay with pride’.   As part of the accreditation process, Timetastic has supplemented their current financial reporting procedure with a Fair Tax Mark Statement. The statement includes a tax reconciliation and accompanying narrative, which clearly explains how much tax they pay and why. The statement takes them above and beyond the basic UK reporting requirements and demonstrates that Timetastic are at the forefront in regards…

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Friendly Soap put fair tax at the heart of ethical credentials

News

  Friendly Soap, the enterprise who uses ancient methods to create no-waste, biodegradable and free-from soap products, has today secured the Fair Tax Mark, joining the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. As part of the accreditation process, Friendly Soap has published their first Fair Tax Mark statement. This details a new tax policy, which commits them to shun tax avoidance. They have also provided a numerical tax reconciliation and accompanying narrative, which clearly explains how much tax they have paid and why. Paul Monaghan, Chief Executive, Fair Tax Mark, said:…

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Responsible tax strategy and improved reporting earns Capita first Fair Tax Mark

News

Capita has today secured Fair Tax Mark certification and joins the growing movement of responsible businesses who are proud to say what they pay with pride. 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. In total, more than 50 businesses have now been certified. These include national brands such as Timpson, Lush, and Richer Sounds, FTSE listed companies including SSE and Marshalls Plc., as well as co-operatives, family businesses and social enterprises. As part of the accreditation…

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