The following interview with our Chief Executive, Paul Monaghan, was recently published by CSR Europe – who will launch a Blueprint on Tax Transparency and Responsibility in March 2019. It explores the emerging trends around responsible tax conduct, and it is reproduced here with their kind permission.   What are the best enablers to get more companies to become responsible tax payers? At the Fair Tax Mark we are finding that different types of corporation have different key motivators. Investors are increasingly pressing listed companies to explain their management of tax risk, and so we are seeing a big increase in transparency…

The UK’s first ever Fair Tax Fortnight (June 9-24) set out to celebrate those companies and organisations that are proud to pay their fair share of corporation tax, and to explore the positive contribution this makes to society. I’m delighted to say that it did this and then some. As you might expect, Fair Tax Mark certified organisations where at the forefront of events. Dozens of business (big and small) gathered at the opening conference on June 7th; which was kindly sponsored by SSE plc, with key contributions from the Co-op, Marshalls, Combat Pest Control and Ethical Consumer. Elsewhere, Fair Tax…

Conservative MP for North Wiltshire, James Gray, recently asked Parliament what steps the UK Government was taking in its procurement policy to tackle aggressive tax avoidance by government suppliers.[1] A reasonable question: why should tax dodgers profit from contracts funded by taxpayers? The answer from the Parliamentary Secretary at the Cabinet Office, Oliver Dowden, was convoluted, but seemingly positive. He said: “The 2015 Public Contract Regulations implemented the latest EU Public Procurement Directive, and require public bodies to exclude suppliers from a procurement where the supplier has been found guilty of breaching its obligations in relation to payment of taxes…

Richer Sounds, the award-winning high street retailer, is Fair Tax Mark accredited. Here, they explain why they care about fair tax. Why did Richer Sounds apply for the Fair Tax Mark? Unlike certain internet giants (and others), Richer Sounds is a British company, paying British taxes, proud to be supporting the British economy and high street (with a warehouse in Manchester, not in Jersey or Luxembourg). At Richer Sounds, we believe that our company has several areas of responsibility. We are determined to provide our colleagues with secure, well-paid jobs in a stimulating equal opportunities environment, which includes banning zero…