Our first Fair Tax Mark accreditation

We’re delighted to announce that we’ve just been awarded our first Fair Tax Mark accreditation, joining the growing movement of responsible businesses who are proud to 'say what they pay with pride'.

 

The Fair Tax Mark is an independent certification, which recognises organisations that demonstrate they’re paying the right amount of corporation tax in the right place, at the right time.

 

To get the mark we’ve had to show our commitment to operating within both the letter and spirit of the tax laws that apply to our operations, shunning aggressive tax avoidance. And we’re really pleased to say we excelled in the areas of transparency and remuneration disclosures – a testament to our Reliable and Straightforward values.    

 

Thomas Crane, General Counsel and Company Secretary said:

 

“This is an excellent accreditation to be awarded, particularly in a world where consumers are increasingly focusing on whether businesses are doing the right thing. Paying tax is a way of contributing to society, enabling essential services to be paid for. The Coventry accepts its responsibility to pay its fair share of taxes at the right place and right time, and receiving the Fair Tax Mark demonstrates this as well as our clear and transparent tax practices.”

 

Graham Drummond, Head of Communications, Fair Tax Foundation, said:

 

“We’re thrilled that Coventry Building Society has gained the Fair Tax Mark. Serving millions of savers and borrowers across the UK, this accreditation has a huge impact and further solidifies their reputation as a trusted and transparent provider of financial products.”

 

Businesses carrying the Fair Tax Mark include national brands such as Timpson, Lush, and Richer Sounds, FTSE listed companies including SSE and Marshalls Plc., as well as co-operatives, family businesses and social enterprises.

 

Find out more at https://fairtaxmark.net