Briefing:
Campaign Briefing : Fair Tax

From:
Co-operative Party
For attention of:
,
Published:
20th April 2017
Last updated:
7th December 2017
Printed:
30th November 2020
Other formats:
Print

Key Points:

  • The Co-operative Party believes that the economy should work for the benefit of us all, rather than private profit alone. That includes recognising companies who pay their fair share of tax.
  • The FairTax Mark identifies those businesses that pay their fair share from those who do not. It’s been dubbed the ‘new Fairtrade’ as the latest standard for ethically-minded consumer.
  • The Co-operative Party was the first political party to achieve the Fairtax Mark in April 2016.
  • Labour & Co-operative Councillors won a change in government procurement guidance for councils, so that a company’s tax record must be considered.

Time for action on tax :

  • Use of tax havens, and tax avoidance means that the very wealthy can often pay less tax than working people.
  • Britain’s top 5 co-operatives pay more UK tax than Amazon, Facebook, Apple, eBay and Starbuck combined

Things councils can do on tax

Fair Tax Motions
Scrutiny Review
Action Points
For more information
Emma Hoddinott