On why they applied
We viewed the Fair Tax scheme as a natural step for Marshalls as the Group’s tax philosophy has long been closely aligned with the Fair Tax Mark’s objectives. We aim to achieve transparency and we hope the Group’s formalisation of a tax policy will reassure all our stakeholders that we are a responsible company.
On the benefits
The Fair Tax Mark criteria are in line with the Group’s desire to maintain a low risk assessment from HMRC. The process has created a structure for our ongoing review of taxation disclosures and the Group’s Board approved taxation policy.
On tax and social responsibility
As a socially responsible organisation we are pleased that Marshalls’ tax policy together with our tax disclosures have led to the Group being awarded the Fair Tax Mark.
See Marshalls’ tax policy here.
See Marshalls’ additional disclosure here.