UK public calls for greater transparency on tax avoidance and evasion

According to an annual survey carried out by Fair Tax Mark, the UK public is using the coronavirus (COVID-19) lockdown to take 'decisive action' against tax avoidance practices.

22 Jun 2020

According to an annual survey carried out by Fair Tax Mark, the UK public is using the coronavirus (COVID-19) lockdown to take 'decisive action' against tax avoidance practices.

79% of people polled would rather shop with a business that can prove it's paying its fair share of tax, according to the survey.

78% of individuals believe that all businesses should have to publicly disclose the amount of tax they pay in the UK. Additionally, 77% of people think the UK should take the lead and require multinational businesses to disclose how much income, profit and tax they pay in each country they do business.

'For many, lockdown has provided an opportunity to reflect more on societal values – whether it's supporting our vulnerable, shopping locally or gaining a greater understanding of how employers act at a time of crisis,' said Paul Monaghan, Chief Executive of Fair Tax Mark.

'The vast majority of people want to support and celebrate the businesses that reject the use of tax havens and tax avoidance.

'That's why during the coronavirus crisis we have been calling on the UK government to ensure that any bailouts are conditional on recipients committing to responsible tax conduct and transparency.'

Quick Links

Home | Contact us | Accessibility | Disclaimer | Help | Site map |

© 2020 Blue Spire Limited (Brighton). All rights reserved.

We use cookies on this website, you can find more information about cookies here.

Blue Spire Limited (Brighton) are Accountants in Brighton.

Contact Brighton Office

Tel: +44 (0)1273 739533
Fax: +44 (0)1273 732844
Email: brighton@bluespiregroup.com


Contact Chichester Office

Tel: +44 (0)1243 781234
Fax: +44 (0)1243 791770
Email: chichester@bluespiregroup.com

Brighton Address
5th Floor Intergen House, 65-67 Western Road, Hove, East Sussex BN3 2JQ

Chichester Address
Cawley Priory, South Pallant, Chichester, West Sussex PO19 1SY

Blue Spire Limited is Registered to carry out audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales C004152645. Professional indemnity insurance is provided by Royal & Sun Alliance Insurance Plc 9th Floor, One Plantation Place, 30 Fenchurch Street, London, EC3M 3BD and its territorial coverage is worldwide (excluding United States/Canada).
Blue Spire Financial Planning Limited is authorised and regulated by the Financial Conduct Authority. FSA register https://www.fca.org.uk/register reference 566257. This guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at customers based in the UK