Image courtesy of LiveSurface Context 1) Cutting the tax gap Around £12 billion is being lost in tax revenue every year. At a time of severe cuts in public services we need this money. If this revenue were collected it would fund the training of almost half a million midwives and pay the salaries of half a million teachers for …
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Some of the UK’s leading voices on tax agree that the Fair Tax Mark is a step in the right direction. That was the general consensus at a recent round table discussion organised by one of our pioneer companies Midcounties Co-operative. The forum, run in association with the Guardian and published today, was attended by some of the country’s leading …
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The Phone Co-op is an independent consumer co-operative based in Manchester, Chipping Norton and London. It is the only telecoms provider in the UK that is owned and run by its customers. The Phone Co-op operates nationwide, providing fixed and mobile telecommunications services to over 23,000 residential and business customers, including other co-operatives, charities and third sector organisations.Since 2012, when …
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Margaret Hodge Margaret Hodge, the MP for Barking and Dagenham, chair of the influential Public Accounts Committee and general thorn in the side of tax-avoiding corporations, has described the Fair Tax Mark as ‘a fantastic idea’ that enables customers to ‘vote with their feet’. “The reaction to the revelations about the tax practices of big names like Starbucks, Amazon and …
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A pioneer Fair Tax Mark organisation, the Midcounties Co-operative talked to the Fair Tax Mark about why they wanted to be one of the first holders. As a values led and ethical organisation, we believe that we should pay the taxes that are due and not engage in aggressive tax avoidance schemes, even if legal. In 2013 we formalised this …
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Unity Trust Bank is a specialist bank for organisations in the social economy providing day-to-day banking and much needed affordable finance to civil society organisations, including charities, social enterprises, community and voluntary organisations, CDFIs, councils and trade unions across the UK. Founded thirty years ago on strong principles of social responsibility, it continues its commitment to growing a fairer society today. …
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Image courtesy of LiveSurface Context The campaign for a more responsible approach to tax by business takes a decisive step forward today with Midcounties Co-operative, Unity Trust Bank and The Phone Co-op becoming the first businesses to be accredited by the new Fair Tax Mark, the world’s first independent accreditation scheme to address the issue of responsible tax. The Mark, …
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