More Brits call for greater accountability for businesses on tax avoidance and social responsibility New research reveals Govt bailouts have prompted growing consumer unease towards companies who avoid or do not publish tax contributions A new ‘Lockdown mindset’ emerge as more Brits now expect employers to do their bit for local economies and public services Significant shift in consumer behaviour towards ethical spending as Brits shop by their values The public are using lockdown to take decisive action against tax avoidance practices, as record numbers of Brits would rather shop with (79%[1]) or work for (82%[2]) a business that can…

Lincoln-based Freethought Internet has today secured Fair Tax Mark certification and joins the growing movement of responsible businesses who ‘say what they pay with pride’. Website hosting company Freethought Internet becomes the first company head-quartered in Lincolnshire to achieve the Fair Tax Mark. As part of the accreditation process, Freethought Internet has published their first Fair Tax Mark Statement. This details a new tax policy, which commits them to shun tax avoidance. The Statement also includes a numerical current tax reconciliation and a detailed supporting narrative, which further emphasises their commitment to leading-edge tax transparency. Freethought was founded in 2003…

Timetastic, the rapidly growing digital enterprise providing online holiday and leave tracking for more than 8,500 businesses, has today secured Fair Tax Mark certification and becomes part of the growing movement of responsible businesses who are proud to ‘say what they pay with pride’.   As part of the accreditation process, Timetastic has supplemented their current financial reporting procedure with a Fair Tax Mark Statement. The statement includes a tax reconciliation and accompanying narrative, which clearly explains how much tax they pay and why. The statement takes them above and beyond the basic UK reporting requirements and demonstrates that Timetastic are at the forefront in regards…

  Friendly Soap, the enterprise who uses ancient methods to create no-waste, biodegradable and free-from soap products, has today secured the Fair Tax Mark, joining the growing movement of responsible businesses who are proud to ‘say what they pay with pride’. As part of the accreditation process, Friendly Soap has published their first Fair Tax Mark statement. This details a new tax policy, which commits them to shun tax avoidance. They have also provided a numerical tax reconciliation and accompanying narrative, which clearly explains how much tax they have paid and why. Paul Monaghan, Chief Executive, Fair Tax Mark, said:…

Capita has today secured Fair Tax Mark certification and joins the growing movement of responsible businesses who are proud to say what they pay with pride. 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. In total, more than 50 businesses have now been certified. These include national brands such as Timpson, Lush, and Richer Sounds, FTSE listed companies including SSE and Marshalls Plc., as well as co-operatives, family businesses and social enterprises. As part of the accreditation…

The Fair Tax Mark scheme, which accredits businesses and organisations across the UK committed to paying the right amount of corporation tax, on time and in the right place, is pleased to announce that Fair Tax Week 2020 will run from the 13th – 21st June 2020, incorporating Tax Justice Sunday on the 14th June. Fair Tax Week 2020 will be co-sponsored by Leeds Building Society, Pennon Group Plc and Richer Sounds. Fair Tax Week is a UK-wide celebration of the companies and organisations that are proud to pay their fair share of corporation tax; those who commit to following…

We are delighted to announce that Chris Harrop OBE has joined the Fair Tax Mark’s board of directors. Chris Harrop is Sustainability Director at FTSE-listed Marshalls plc. An accomplished marketer with a proven global track record, Chris’ persistent contribution has ensured that Marshalls not only leads the hard landscaping sector but is also a world-class sustainable business. Under Chris’ guidance, the business has won numerous awards for commitment to the environment and supply chain ethics, including Business in the Community Awards for Excellence and the PLC Awards on three occasions. Chris was Chairman of the United Nations Global Compact UK…

  Southern Co-op is the first business headquartered in Hampshire to secure Fair Tax Mark certification, and the 14th co-operative in the UK Southern Co-op has secured its first Fair Tax Mark certification, and joins the growing movement of progressive businesses who are proud to say what they pay with pride. Southern Co-op was established in Portsmouth, Hampshire over 145 years ago. It is an independent, regional co-operative owned by its more than 140,000 members. Southern Co-op operates across 11 counties in the south of England, with a network of over 200 convenience stores including a successful franchise arm. Southern Co-op…

The Fair Tax Mark will later this week release a new report, The Silicon Six and their $100 billion global tax gap, which examines the tax conduct of Facebook, Apple, Amazon, Netflix, Google and Microsoft over the last decade. The report questions whether the companies, collectively referred to as the ‘Silicon Six’, are paying their way on tax. Together they have a combined market capitalization of $4.5 trillion and are worth more than the 1,000 companies listed on the London Stock Exchange. The report finds that there is a significant difference between the cash taxes paid and both the expected headline…