Crunchers Edinburgh is a Scottish accountancy practice specialising in small businesses. We talk to Director Hamish Sheppard about why they gained the Fair Tax Mark…
What made you apply for the FTM?
I think there’s a real groundswell of opinion away from businesses trying to get an artificially low tax bill, and instead, people are realising there’s a moral obligation to get their tax right. The Fair Tax Mark seemed like a positive solution to this, providing an incentive for companies who want to do the right thing.
I heard about the Mark through Crunchers South London which accredited a couple of months before. They’d had a really positive response to it and it seemed like a great way to show commitment to a level playing field for businesses whether big or small. Going forward I think a lot of small businesses are keen to get their tax right, rather than try to minimise it with dubious planning arrangements.
What benefits do you see for your business from having the FTM?
Crunchers Edinburgh is all about alternative accounting; in the past there have been lots of accountants doing compliance and that’s it, whereas we care about truly adding value to people’s businesses. For me, the Mark helps to differentiate us from 99% of the accountants out there in the mind of the client. It makes them aware we’re different to the run of the mill traditional accountants. I can tell them we’ve passed the Fair Tax Mark accreditation which means we know best practice on tax and we’re here to get it right for them too.
How did you find the accreditation process?
I found it really straightforward and was pleased with the support I received from the Fair Tax Mark team.
What would you say to any other small businesses considering getting the Mark?
It’s worthwhile to do it because what you’re really doing is taking a stand against the whole practice where people try to minimise tax payments, and it’s a win-win because you’re differentiating yourself from the rest of the companies out there at the same time.