News

Responsible tax is an undervalued sustainability champion

Carbon emissions, plastics use, equality and diversity – all familiar terms to any sustainability or ESG professional. But responsible tax conduct? Despite being a vital contribution made by any business, relatively few companies talk with pride about paying tax fairly and transparently.

Seven magnificent reasons to pursue Fair Tax Mark accreditation

There are a thousand and one issues out there that business is being asked to champion – on top of the day-to-day challenge of thriving commercially in an ever more competitive world. Approaches and acronyms abound, be it ESG or CSR or SRI or SDGs, with each urging that a business prioritise their favoured issues.

So, why should a business prioritise responsible tax conduct and tax transparency, and pursue Fair Tax Mark accreditation?

Vital loopholes remain in the UK’s fight against dirty money

The terrible Russian invasion of Ukraine laid bare the extent of the UK’s exposure to illicit finance, prompting concerted counter efforts by parliamentarians. This week, a welcome second Economic Crime Bill edges closer to being finalised, but substantial loopholes are in danger of being left unaddressed unless amendments – backed by leading anti-corruption and tax justice groups – are accepted.

Tax transparency slowly grinding forward across the globe

The advance of tax transparency was never going to be quick and smooth. But it is slowly but surely grinding forward, with increasing legal requirements emerging across many parts of the globe. At the Fair Tax Foundation, we believe that comprehensively implemented public Country-by-Country Reporting (pCbCR) significantly enhances the ability of stakeholders across the world to form an informed opinion as to whether a business is paying the right amount of tax, in the right place and at the right time.

Globe Locums say what they pay with pride through Fair Tax Mark accreditation

UK-based Globe Locums has secured its first Fair Tax Mark accreditation, joining the growing movement of responsible businesses. Globe Locums provides both temporary/locum, master vendor, insourcing and permanent staffing solutions to healthcare clients globally, ranging from large acute NHS hospitals in London to small start up clinics in rural Scotland. The Fair Tax Mark is an independent accreditation, which recognises organisations that demonstrate they are paying the right amount of …

Global corporate tax trends – is the glass half full or half empty?

It’s always interesting to look at the big global surveys of tax professionals that emerge now and then. With Deloitte’s tenth Annual Global Tax Policy Survey published end July 2023.

Of course, the data is only as robust as the sample is broad – and these surveys are rarely representative. Furthermore, the organisations that have the resources to undertake…

Join our growing team: Accreditations Manager (Accountant) and Communications Manager opportunities

We are excited to share two career opportunities within our growing team. Both offer the chance to use your skills to encourage and promote responsible tax conduct and financial transparency. We are seeking an experienced accountant to take on the role of Accreditations Manager (Accountant), as well as a proficient Communications Manager. A significant milestone for the Fair Tax Foundation, …

Why we focus on corporation tax

At the Fair Tax Foundation, we’re often asked why we focus on corporation tax, when this is just one of a number of taxes that business pays.

Today, we’ve released a new paper (packed with facts and figures) that explains why corporation tax is so important, and why we place it at the centre of our work and our Fair Tax Mark accreditation standards…

Sharenergy powers a path to Fair Tax Mark accreditation

Sharenergy has been awarded the Fair Tax Mark, joining the global movement of businesses committed to financial transparency and responsible tax conduct. Founded in 2011, Sharenergy is a not for profit cooperative working with communities to help them find, develop and own renewable energy installations. It has been involved in over 100 community energy projects across the United Kingdom. Sharenergy …

British public votes ‘Corporate tax avoidance’ top ethical concern for incredible 11th year in a row

For the past two decades, the Institute of Business Ethics (IBE) has been conducting the Attitudes of the British Public to Business Ethics survey.

The latest survey reveals that ‘Corporate tax avoidance’ is the most pressing issue for an amazing 11th consecutive year. Chosen by 43% of respondents, the findings indicate that business and government are still collectively falling short of public expectations…