Enhanced metrics inspired by the Fair Tax Foundation have helped Fair Tax Mark accredited businesses flourish in this year’s Økonomisk Ugebrev Tax Governance Rating. The Danish publication recently released their 2024 rankings, which score companies on their responsible tax conduct. Fair Tax Mark business Ørsted took the top spot for Danish large caps, along with Vestas, with 12 points out …
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After 12 months of consultation and development, stakeholders from civil society, business and investment came together on 19 April at the European Parliament in Brussels for the launch of the Tax Responsibility and Transparency Index. The Index has been co-developed by the Fair Tax Foundation and leading European corporate responsibility business network CSR Europe and acts as a high-bar benchmark …
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UK-based Atlas Translations have secured their first Fair Tax Mark accreditation, joining the growing movement of responsible businesses that are proud to ‘say what they pay with pride’. Founded in 1991, the St Albans business offers a wide range of personal and professional translation services in more than 340 languages. Clients have included the NHS and BBC. ISO-certified and a …
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The past two years have seen a surge in support for the Councils for Fair Tax Declaration across Greater London, with Hackney Council and Mayor Sadiq Khan the latest to give their backing. It puts Greater London further into pole position as the UK’s number one regional municipal champion of responsible tax conduct. More than a third of London boroughs …
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SqueakFix Ltd have earned their inaugural Fair Tax Mark accreditation, aligning with other forward-thinking businesses dedicated to responsible tax conduct. Based in Manchester, UK, and operating nationally, SqueakFix Ltd specialise in removing chronic floor noises, squeaks and creaks in houses through a highly-developed system. Using in-house installers, the small team also offer acoustic and thermal insulation to make houses quieter …
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In a welcome move, the UK’s Labour Party has announced that, should it win the forthcoming general election, it would substantially boost the resources available to HMRC’s compliance unit and the pursuit of tax avoiders. They are pledging to recruit an additional 5,000 staff at a cost of £555mn per annum. But, given each compliance officer typically secures an additional …
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Just like the now-prolific buzzword it derives from – greenwashing – tax washing is where a company’s statements, disclosures or some form of communication when it comes to tax doesn’t provide a true picture in a way that can be misleading. In terms of tax disclosure, tax washing can sometimes be seen when businesses choose to report their total tax …
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On 19 April, at the European Parliament, co-hosted by MEP Paul Tang, CSR Europe and the Fair Tax Foundation will launch the Tax Responsibility and Transparency Index for multinational enterprises who wish to benchmark themselves against the best of the best – be that high-bar civil society voluntary standards or exemplar companies. The Tax Responsibility and Transparency Index has been …
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With the UK heading for a general election in the coming months, a coalition of social economy organisations, dubbed the Future Economy Alliance, is calling on government to include responsible taxation measures in a new Business Plan for Britain. Launched by the Alliance in parliament on 7 March, the plan sets out fixes to build a stronger, fairer, greener future …
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With half the world going to the polls in 2024, and ‘tax’ being a major issue at every single election, The Fair Tax Foundation’s Chief Executive Paul Monaghan sets out why politicians and policymakers need to question the lobbying of the Laffer Curve low-tax zealots. Tax justice makes solid progress The world is on the verge of an explosion of …
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