Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Daily Record
Daily Record
National
Shannon Milmine

Fair Tax Week celebrated by South Lanarkshire Council

South Lanarkshire Council is marking Fair Tax Week, which kicked off last week.

The national awareness week, which runs until June 18, is a recognition of the businesses and organisations that are proud to promote responsible tax conduct and the celebration of the positive contribution it makes to society.

The council have recently committed to endorse the principles of the ‘Councils for Fair Tax Declaration’ and is amongst the only few Scottish local authorities to sign up to the pledge.

Chief executive Cleland Sneddon said: “During Fair Tax Week we believe it is important to reaffirm our commitment to the councils for Fair Tax Declaration.

“As a council, we will promote Fair Tax Mark certification for any business in which it has a significant stake and where corporation tax is due.

“We celebrate the tax contribution made by responsible businesses who say what they pay with pride.”

The declaration states that the council will lead by example and demonstrate good practice in its tax conduct right across its activities.

This includes encouraging contractors to implement IR35 robustly and pay a fair share of employment taxes.

It also aims to discourage the use of offshore vehicles for the purchase of land and property, particularly where this leads to reduced payments of stamp duty.

The pledge also aims to discourage the use of not-for-profit structures where these are used inappropriately as an artificial device to reduce the payment of tax and business rates.

*Don't miss the latest headlines from around Lanarkshire. Sign up to our newsletters here.

And did you know Lanarkshire Live had its own app? Download yours for free here.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.