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‘Corporate tax avoidance’ tops list of concerns, with disquiet at record high ‘Corporate tax avoidance’ has topped the UK public’s list of concerns for an astounding tenth consecutive year. Moreover, the level of disquiet is at a record high, with 47% citing it among their top three ethical concerns when questioned in May 2022 as part of the Institute for Business Ethics (IBE) annual survey. These findings are in line with our own recent Fair Tax Foundation polling, which found that: three quarters of respondents would rather shop with (74%) or work for (75%) businesses that can prove that they…

Graham Drummond Head of Communications Email Graham   And just like that, Fair Tax Week 2022 is over. We were thrilled to see so many UK businesses, organisations and councils join us in celebrating it. Together, you helped shine a light on the importance of responsible tax conduct and recognising those engaging in it. It was a busy, exciting week, and lots happened. Here are five of my highlights. 1. Brilliant sponsors We’re very lucky at the Fair Tax Foundation to have such a wide range of active and passionate businesses accredited with our Fair Tax Mark. Two shining examples of…

South Lanarkshire Council joins a growing movement of towns, cities and districts standing up for responsible tax conduct. Council leaders have agreed to approve the Councils for Fair Tax Declaration, making South Lanarkshire the 21st local council in the UK and second in Scotland to stand up for responsible tax conduct. The announcement comes during Fair Tax Week, the UK-wide recognition of the companies and councils that are proud to promote responsible tax conduct. Cllr Joe Fagan, South Lanarkshire Council, said: “I am pleased that my colleagues agreed to support this motion today. “As a council, we will also promote…

This is a guest blog post from Susan Davy, CEO of Pennon Group. Pennon Group is a sponsor of Fair Tax Week 2022. Transparency and societal contribution are key to operating as a responsible business. As a top FTSE 250 UK-focussed company, we take this responsibility seriously and a big part of this is ensuring we pay the right amount of tax, in the right way, at the right time. It is the taxes paid by businesses and individuals which help fund vital public services, investment in skills, development and infrastructure to support future growth, which ultimately benefits us all….

Graham Drummond Head of Communications Email Graham   This week sees us excitedly kicking off Fair Tax Week 2022 in the UK, sponsored by Pennon Group and Leeds Building Society. So many businesses are already aware of the vital contribution their corporation tax makes to the public services we all rely on, and will be stepping forward to say what they pay with pride as Fair Tax Week rolls on. But here’s something else to celebrate – fresh data shows the UK public overwhelmingly backs responsible tax conduct too. A few days ago I had the pleasure of standing at…

Amazon’s AGM takes place this Wednesday (25th May), and a tax transparency resolution has been tabled by progressive investors, including Fair Tax Mark accredited PIRC, that requests Amazon publish a breakdown of the income, profit and taxes paid (or not) around the world. We analysed Amazon’s numbers in 2019 and they weren’t good… The Fair Tax Foundation has previously provided a cumulative 10 year analysis of the global tax affairs of the Silicon Six, including Amazon. This analysis was first revealed in 2019 and uncovered a $100 billion global tax gap between current tax provisions and the cash taxes actually…

Meter Manager Ltd has today secured it’s first Fair Tax Mark accreditation, the gold standard of responsible tax conduct. Through its MeterOnline system, Meter Manager Ltd allows domestic and commercial customers to remotely read their smart meters, as well as providing alerts and automatic reports – whether they have one meter or several thousand. Allowing clients such as councils, housing associations, maintenance and investment companies to monitor a large number of sites, MeterOnline is also suited to observing solar, hydro, wind and other renewable energy sources anywhere via PC, tablet or phone. Greg Yates, Senior Accreditation Manager, Fair Tax Foundation,…

Fair Tax Week 2022 will run from 11th – 19th June, incorporating Tax Justice Sunday on 12th June. Fair Tax Week 2022 will be sponsored by Pennon Group and Leeds Building Society. Fair Tax Week is a UK-wide recognition of the companies and organisations that are proud to promote responsible tax conduct. Championing a level playing field for businesses, the Week will highlight events and webinars through the Fair Tax Week webpage and Fair Tax Foundation social media channels. The Week will also explore how corporation tax is an important source of revenue for public services and how localities and individuals can play…

The Royal Yachting Association (RYA) has today secured its first Fair Tax Mark accreditation, the gold standard of responsible tax conduct. The RYA is the UK’s governing body for dinghy, yacht and motor cruising, all forms of sail racing, RIBs (rigid inflatable boats) and sports boats, windsurfing and personal watercraft, and a leading representative for inland waterways cruising. They represent the rights and freedoms of recreational boaters, provide world-leading training, grow and broaden participation in boating and make boating accessible to all. They also support the British Sailing Team, the most successful Olympic sailing team of all time. “We are…

The Watches of Switzerland Group has today secured its first Fair Tax Mark accreditation, and joins the growing movement of businesses that have achieved the gold standard of responsible tax conduct. A FTSE 250-listed company, The Watches of Switzerland Group is the UK’s largest luxury watch retailer operating in both the UK and US. The Group comprises of five prestigious brands; Watches of Switzerland, Mappin & Webb, Goldsmiths, Mayors and Betteridge. Mappin & Webb holds Royal warrants as goldsmiths, silversmiths and jeweller to Her Majesty The Queen and silversmiths to His Royal Highness The Prince of Wales. The Group has…