This is really too gorgeous not to be repeated. And please do spread the workd.
The Fair Tax Mark, that very important addition of the Tax Justice Campaign and the career of Richard Murphy, has just signed up its first accountancy practice.
We’re thrilled to announce that we have awarded the Mark to Crunchers South London, the very first accountancy practice to gain it. It joins FTSE listed companies such as SSE Plc and Go-Ahead Group in a growing list of companies taking a stand against aggressive tax avoidance.
Crunchers South London is leading in its sector by taking this bold step and we firmly believe its clients will be proud to work with such an upstanding practice. Winning the Mark means Crunchers South London has committed to not abusing tax havens or tax avoidance schemes and to apply the gold standard on tax transparency. We hope its leadership will encourage many more accountancy practices to follow.
Stirring and stunning news I think we all agree.
Crunchers South London’s Director, Damion Viney
What made you apply for the Fair Tax Mark?
As an accountant, I’m highly aware of the importance of taxation. I’d been following the various ethical issues around it for a while, including reading Nicholas Shaxson’s acclaimed book, Treasure Islands, and I had become very concerned. I thought there was a great need for a tax-related equivalent of the Fairtrade Mark: a clear cut way for companies to say they’re doing the right thing and a positive reason for them to do so – the Fair Tax Mark fulfils that need.
What benefits do you see for your business from gaining the Fair Tax Mark?
Differentiation is vital in any sector and that’s very true within accountancy. Being the first certified accountancy practice is a great way to stand out. The tide has turned on what’s acceptable in tax responsibility for businesses. More and more companies are realising that you make more money by focusing on profit creation than tax manipulation. Crunchers South London thinks that by gaining the Mark, it’s making a strong statement in line with what clients want to hear.
What would you say to other small businesses considering gaining the Mark?
Small businesses like us would do well to get behind this scheme and gain the Mark. They’re at a massive disadvantage in the market because they can’t access the same tax avoidance schemes as larger companies. Most small businesses are committed to supporting the local and national economy and the Fair Tax Mark is a way for them to signal this to customers while encouraging a more level playing field.
Quite so. A matter of great importance:
You’re being terribly unfair. Crunchers is clearly a company of enormous importance. It’s sole director (Damion Viney) is listed as ‘unemployed’ and an ‘accounting technician’ on Companies House and the accounts filed at Companies House (abbreviated) show whopping net assets of £729. The accounts are unaudited but I’m sure the FTM people will have done a thorough review of this prestigious company.
A blinding success I hope we will all agree?