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

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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

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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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Leeds Building Society sets the standard with Fair Tax Mark accreditation

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Leeds Building Society has become the first national high-street financial institution certified as an accredited Fair Tax Mark business, having been successfully assessed against the Fair Tax Mark criteria. Leeds Building Society is the fifth largest building society in the UK and has 55 branches in the UK and Gibraltar. The Society joins a growing list of organisations that have achieved the Fair Tax Mark, putting it alongside SSE, AMT Coffee, The Co-op, Richer Sounds, Timpson Group and Lush. The Society has also published a new Tax Strategy, which recognises that tax pays for vital public services and details its…

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SSE awarded fifth Fair Tax Mark

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SSE has been reaccredited with the prestigious Fair Tax Mark for the fifth year in a row – demonstrating its transparency and commitment to play fair on tax. It remains the only FSTE100 company to have been accredited by the world’s first independent body scrutinising firms’ approach to tax. Today SSE has also published its Talking Tax Booklet which gives a clear, easy to read guide of what taxes it pays and where it pays them.  In 2017-18 SSE’s total tax contribution was £1billion, inclusive of the taxes it pays and collects for Government. Paul Monaghan, Chief Executive of the…

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Parliamentarian shares vision for a fair tax society

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The Fair Tax Mark is delighted to work with, and have the support of, politicians of many different political persuasions. We recently partnered with Church Action for Tax Justice and other faith groups to help organise an event in Birmingham at which Conservative MP Andrew Mitchell was the keynote speaker. Andrew Mitchell MP, Vice Chair, All Party Parliamentary Group on Responsible Tax, joined Church Action on Tax Justice, in Birmingham to discuss and debate why a fair tax society would be a better society for everyone. The event was organised together with the Quaker Peace Committee, Christian Aid, Jubilee Debt…

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Reaction to Shadow Chancellor John McDonnell announcement

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In today’s speech to the Labour Party Conference, John McDonnell said: “We can’t trust the Tories on this, but we shouldn’t just wait until we get into government. We should act now. “One way is to mobilize shareholder power to demand companies uphold basic tax justice standards. Numerous institutions from churches to trade unions and pensions funds have large scale shareholdings in many of the companies that avoid taxes. “So today I’m announcing my intention to bring together these organisations to launch a shareholder campaign. We’ll be demanding companies sign up to the Fair Tax Mark standards, demonstrating transparently that…

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Ethical Screening and Ethical Investors show commitment to fairer finance with Fair Tax Mark accreditation

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Ethical Screening Ltd and Ethical Investors Ltd have announced that they are joining a growing list of organisations that have achieved the Fair Tax Mark, putting them alongside AMT Coffee, Lush, The Co-op, Ecology Building Society, Richer Sounds, Timpson and SSE. Michael Head, Managing Director of Ethical Screening, said: “We are delighted to have obtained a top score and the Fair Tax Mark, as a business we have always recognised the importance of fulfilling our tax obligations fully. Our message to other businesses would be: why wouldn’t you? We will be displaying our Fair Tax Mark with pride and would…

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Earl Shilton Building Society delivers more for members with Fair Tax Mark accreditation

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Earl Shilton Building Society has announced that it joins a growing list of organisations that have achieved the Fair Tax Mark, putting them alongside AMT Coffee, The Co-op, Richer Sounds, Timpson and Unicorn Grocery. Earl Shilton was founded over 160 years ago – members paid their first subscriptions on 3rd January 1857. It aims to provide simple to understand financial service products to meet members’ needs. Neil Adams, Finance Director of Earl Shilton Building Society, said: “Earl Shilton Building Society has always paid its fair share of tax and considers that taxation in all its forms is an important contribution to…

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Convivio mark Public Service Day by announcing Fair Tax Mark accreditation

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Convivio, a digital strategy team specialising in work for public services, have announced that they are joining a growing list of organisations that have achieved the Fair Tax Mark, putting them alongside AMT Coffee, the Co-op, Richer Sounds, Timpson and SSE. Public Service Day celebrates the value and virtue of public service to the community, and this year falls within Fair Tax Fortnight, which celebrates those companies which pay the right amount of tax, at the right time, in the right place. Sam Al-Hamdani, communications manager of the Fair Tax Mark said: “We have long held that it is important…

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Trades Union Congress gain Fair Tax Mark as finale of the UK’s first Fair Tax Fortnight

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The Fair Tax Mark is pleased to announce that the Trades Union Congress (TUC), 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 close of the UK’s first ever Fair Tax Fortnight, which has also seen high street favourites, Timpson Group, announce their Fair Tax Mark accreditation and the release of new research about the public’s attitude to tax and good corporate conduct. The TUC has gained the Fair Tax Mark accreditation as part of its commitment…

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