Wrexham Chauffeurs go the extra mile for financial transparency by gaining Fair Tax Mark
Wrexham Chauffeurs has been awarded the Fair Tax Mark, joining the movement of businesses committed to financial transparency and responsible tax conduct.
North Wales-based Wrexham Chauffeurs is a professional, licensed Private Hire Service offering transport across the UK, including to and from all airports, seaports and railway stations. They also offer wedding cars, guided tours and a “White Glove” delivery service for transporting artwork or official documents.
Fair Tax Mark accreditation is the gold standard of responsible tax conduct. It recognises businesses that pay the right amount of corporation tax at the right time and in the right place. Accredited businesses include listed PLCs, co-operatives, social enterprises and large private businesses.
Across the globe, close to 40% of multinational profits (US$970bn) are artificially shifted to tax havens each year, leading to a US$250bn reduction in corporate income tax revenue. Within this, the UK was found to suffer a staggering US$110bn of profit shifting, leading to an estimated $21bn reduction in corporation tax revenues – which equates to £17bn of missing tax, or 32% of what is collected.
Graham Drummond, Head of Communications, Fair Tax Foundation, said:
“We’re really pleased to welcome Wrexham Chauffeurs to the Fair Tax community of businesses. The people of Wrexham have so much to celebrate right now, and now they can be proud that a local business is leading the way with their responsible tax conduct.”
“Year after year, our polling of the UK public shows they want to get behind businesses that can prove they’re paying their fair share of tax. Through the Fair Tax Mark, Wrexham Chauffeurs can demonstrate they’re doing just that.”
“Businesses with the Fair Tax Mark take real pride in their certification, and often recommend it to others. It was nice to hear that Wrexham Chauffeurs heard about the accreditation through Johnsons Cleaners, part of Timpson Group.”