End financial secrecy in UK’s overseas territories

News

The Fair Tax Mark are supporting the call for the UK government to accept an amendment to the sanctions and anti-money laundering bill on Tuesday that would lift the veil of secrecy in Britain’s overseas territories. The letter, published in the Guardian this morning, calls on the UK government to “accept an amendment to the sanctions and anti-money laundering bill on Tuesday that would lift the veil of secrecy in Britain’s overseas territories”. The Sanctions and Anti-Money Laundering Bill will be debated in parliament tomorrow, and the amendment to introduce a register revealing the beneficial owners of assets held in those…

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Fair Tax Mark at Church Action for Tax Justice launch

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The Fair Tax Mark​’s Richard Livings was at Parliament yesterday to support the launch of Church Action for Tax Justice (www.catj.org.uk). The campaign is designed to highlight the urgency of creating fairer and more effective tax systems to provide more funding for public services, in the UK and internationally. The launch, with contributions from Margaret Hodge MP, chair of the All Party Parliamentary Group on Responsible Tax (@taxinparliament), former archbishop of Canterbury Rowan Williams, chair of Christian Aid​, and former bishop of Oxford, Richard Harries, marks the start of the campaigns efforts to end financial secrecy in UK tax havens like the…

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First Fair Tax Fortnight launched

News

The Fair Tax Mark scheme, which accredits businesses and organisations across the UK committed to paying the right amount of corporation tax at the right time and in the right place, is pleased to announce the first Fair Tax Fortnight, 9th – 24th June 2018. Fair Tax Fortnight will be a UK-wide celebration of the companies and organisations that are proud to pay their fair share of corporation tax, and an opportunity to explore the positive contribution this makes to society. Preceding the fortnight will be a Fair Tax conference, sponsored by SSE, the first FTSE 100 business to become…

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Fair treatment from Newark Osteopaths

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Newark Osteopaths joins a growing list of companies that have achieved the Fair Tax Mark, putting them alongside AMT Coffee, The Co-op, Lush Cosmetics, Richer Sounds, Scotmid, and Unicorn Grocery. Richard Livings, Project Manager of the Fair Tax Mark said: “We are delighted to welcome Newark Osteopaths to the Fair Tax Mark, the UK’s accreditation scheme for businesses paying their fair share of corporation tax and reporting on their practices transparently. Today’s announcement means Newark Osteopaths are giving their customers a certified promise that their tax practices are at the leading edge of best practice.” “Recent scandals where companies have…

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An AMT coffee retail outlet

UK consumers finally have a Fair Tax coffee option

News

– AMT Coffee secures Fair Tax Mark and becomes first coffee retailer to offer a Fair Tax choice across coffee bars nationwide AMT Coffee, which has 53 bars across the UK and the Republic of Ireland, has secured the Fair Tax Mark, becoming the first coffee company with a nationwide presence to provide consumers with a Fair Tax choice across its coffee bars. AMT Coffee’s fair tax certification is significant given the findings of recent research from Populus*, which found that the UK public not only still mistrust companies such as Starbucks on tax matters (and that this is still…

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Spreading the message – welcome Sam Al-Hamdani to the team

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We’re happy to announce the appointment of our new marketing and communications manager, Sam Al-Hamdani. Sam comes to us from the World Health Organization, and is a journalist and designer with over 20 years experience in the environmental and international public sector. Sam said: “It’s great to come onboard. I have been working at the International Labour Organization for many years, where one of the key messages is about the balance between the different actors in the world of work – Government, employers and workers. I now have the chance to actually practice what I have been preaching; encouraging businesses…

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Fresh Eyes goes the extra mile against tax avoidance

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Today, Fresh Eyes – People to People Travel CIC became the latest company to secure a Fair Tax Mark and demonstrate their commitment to being positive about the tax that they pay. Fresh Eyes is a not-for profit Community Interest Company which is committed to socially responsible tourism. Andy Rutherford, Founding Director of Fresh Eyes, said: “Fresh Eyes – People to People Travel is committed to just, fair and responsible travel that is transparent and accountable. “We believe that for travellers, tour operators, host communities and suppliers, everyone should simply know who pays what and who receives what, throughout the supply chain.  This is…

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Veterans Combat Tax Avoidance

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Combat Pest Control is the latest company to gain the Fair Tax Mark, meaning that these military veterans are fighting tax avoidance as well as fighting unwanted pests. The London-based firm are committed to running their business in a way that adds real social value, including supporting injured service personnel, educating street children in Afghanistan and also supporting landmine clearance projects around the world. Gaining a Fair Tax Mark is another way in which Combat Pest Control demonstrate their support for the communities they live in. Michael Coates, director of Combat Pest Control, said: “We hold our military values close…

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Edinburgh retailer Paper Tiger secures Fair Tax Mark

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(The following is Paper Tiger’s Press release of 1st November) Paper Tiger, the leading independent card and gift retailer, has been awarded the Fair Tax Mark – the first independent business in Scotland to achieve this certification. The Fair Tax Mark certifies that Paper Tiger has met the highest standards in tax transparency, and is fully compliant in all its tax dealings. Commenting on the award, Paper Tiger Director Michael Apter said: “Paper Tiger aims to deliver a great shopping experience, with great products in great stores, assisted by a great team. As well as being great, we want to…

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Tax Strategy reporting among the FTSE 50

News

TAX STRATEGY REPORTING AMONG THE FTSE 50 – slow to emerge, poorly executed, but a few examples of excellence New Government regulation requires that large business operating in the UK publish a UK Tax Strategy annually. However, an analysis of the UK’s fifty largest listed businesses by the Fair Tax Mark and the Local Authority Pension Fund Forum (LAPFF) has found that the majority of FTSE 50 companies have not followed Government and HMRC Guidance in a prompt and rigorous manner. Only a third (34%, or 17) of FTSE 50 companies had published a Tax Strategy resembling that required by…

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