News

Schroders Personal Wealth has secured its first Fair Tax Mark accreditation, and joins the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. A financial planning business, Schroders Personal Wealth was created to help more people across the UK benefit from financial advice. The business has 11 regional hubs and over 270 financial advisors across the UK. The Fair Tax Mark is an independent accreditation, which recognises organisations that demonstrate they are paying the right amount of corporation tax in the right place, at the right time. Businesses carrying the Fair Tax Mark include…

By Paul Monaghan Chief Executive Email Paul   This year has been equally amazing and exhausting, for both the Fair Tax Foundation and tax justice more broadly. Operationally, we have undergone a radical overhaul – with a new organisational name and new head office progressed during the year.  We have expanded our board (welcome Harriet) and staff numbers (welcome Esme, Nora and Greg) and finally taken the leap and ‘gone international’. In November, we announced the launch of a new Global Multinational Business Standard and the accreditation of Vattenfall, who are one of Europe’s largest producers and retailers of electricity…

We recently launched our Global Multinational Business Standard, allowing businesses headquartered outside the UK to attain the Fair Tax Mark, the gold standard of responsible tax conduct. The reception to the Fair Tax Mark becoming available to multinational enterprises around the world has been really positive, with businesses, investors and organisations celebrating the news. Snap Inc., owner of Snapchat, has issued a public statement of support. Jonathon Locascio, Senior Director of Tax, Snap Inc., said:  “At Snap, we view tax not just as a legal obligation but as a way to appropriately support the communities where we operate — in other…

Fair Tax Mark goes international with accreditation of European energy company, Vattenfall The Fair Tax Foundation today (25th November 2021) launched its new Fair Tax Mark Global Multinational Business Standard, and announced the accreditation of European energy company Vattenfall, who become the first business headquartered outside of the UK to be Fair Tax Mark certified. Fair Tax Mark accreditation is the gold standard of responsible tax conduct, but to date has only been available to businesses headquartered in the UK. With the launch of the new Global Multinational Business Standard, which has taken two years to develop, the Fair Tax…

Mace, the international consultancy and construction company, has secured its first Fair Tax Mark accreditation, the gold standard of responsible tax conduct. From Olympic parks and iconic skyscrapers like The Shard, to state-of-the-art data centres, schools, hospitals and homes, Mace is involved in major construction projects across the world. Operating across five global hubs and driven by the pursuit of a sustainable world, they can now also demonstrate a deep commitment to responsible tax conduct. As part of the accreditation process, Mace has demonstrated strong tax rates and cash taxes paid over a number of years, as well as developing…

Cheshire West and Chester Council has become the 17th local authority in the UK, and the third in the North West of England, to support fair tax practices locally. On signing up to the Councils for Fair Tax Declaration, Councillor Louise Gittins, Leader of the Council, said: “We want to make it clear that Cheshire West and Chester Council strongly supports the principles of fair tax and wants to lead by example. Local government has a proud history of standing up for responsible conduct and this declaration is another important step.” Local authorities that approve the Councils for Fair Tax…

Lamplight has today secured its first Fair Tax Mark certification, and joins the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. Used by more than 600 charities, Lamplight is an online database system that allows organisations to effectively record work, measure impact and report to trustees and funders. A modular system, Lamplight can be customised and scaled to the needs of each charity utilising it. The Fair Tax Mark is an independent certification, which recognises organisations that demonstrate they are paying the right amount of corporation tax in the right place, at the…

The Fair Tax Foundation has co-ordinated the production of the following open letter to the UK’s Chancellor, Rishi Sunak – which has the support of numerous civil society groups, including the All-Party Parliamentary Group on Anti-Corruption and Responsible Tax, Tax Justice UK and Christian Aid. It calls on the UK to support the G-24 emerging economies in their request that the OECD’s forthcoming global tax deal (that will be discussed again on Friday, 8th October) will be improved, to the benefit of both developed and developing world countries. If this is not done then there is a real danger that…

Essex-based ROO has today secured its first Fair Tax Mark certification, and joins the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. ROO, the trading name of Coffee Carter Ltd, which also includes Bagel Baby, is a husband and wife-run business selling takeaway coffee and food from a standing van. The Fair Tax Mark is an independent certification, which recognises organisations that demonstrate they are paying the right amount of corporation tax in the right place, at the right time. More than 65 businesses have now been certified. These include national brands such as…

London-based Medical & Professional Services Ltd (MAPS Medical) has today secured its first Fair Tax Mark certification, and joins the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. MAPS provides medico-legal expert witness evidence and reports to solicitors, law firms and other organisations involved in personal injury and clinical negligence litigation. It supplies evidence from an experienced panel of medical experts across the UK, for both large and niche firms. The company is owned by a Trust which gives all the profits it receives to charities. The Fair Tax Mark is an independent…