Anneliese Dodds MEP

The South East's Voice in Europe

‘Fair Tax Mark’ company visits Brussels

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Anneliese welcomed the appearance of energy company SSE before the special committee on tax. 

SSE had been invited to appear before the Committee as a result of their pioneering work on the Fair Tax Mark, becoming the first FTSE100 company to be awarded the Mark in October last year.

SSE's Head of Tax, Martin McEwen, appeared this morning in front of the European Parliament's Special Committee on Tax Rulings, to explain the process that the energy firm had been through in order to obtain the Fair Tax Mark - a label that demonstrates an organisation is duly paying its taxes.

His appearance followed on from the Fair Tax Mark's Annual Conference, which took place in London on Friday 12 June.  Polling commissioned by SSE and the Institute of Chartered Accountants in Scotland (ICAS) ahead of that conference showed that just one third (34%) of individuals in the UK believed that most big businesses in the country were paying their fair share of tax, compared to 80% who think that small businesses do.

The polling also showed that over half of people (57%) state that the way a company pays its taxes affects their level of trust in that company.

Speaking after Mr McEwen's appearance in front of the Committee, Anneliese said:  "It was good to see a British company appear in front of the European Parliament today, not because its tax affairs had been questioned, but because it offers a positive example for other companies to follow.

Anneliese added: "As the first FTSE100 company to adopt the 'Fair Tax Mark', SSE has shown that it's possible to be an economically successful company and to pay the tax that is due. This bodes well for the introduction of measures like country-by-country reporting for all large companies across Europe."

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