Why are more and more companies talking about their total tax contribution?
Tax and transparency is under more scrutiny than ever by politicians, regulators the media, civil society and investors.
CEOs tell us that tax issues are the top threat to business growth in today’s economy. And we expect tax to become a much bigger driver of companies' reputation and brand health.
So failing to communicate tax strategy clearly is an increasing risk to public trust; yet 38% of leading companies we surveyed still don’t talk about their governance or oversight of tax.
Stakeholders do not get a clear sense of a company’s total tax contribution from corporation tax alone - it is just one of 24 business taxes in the UK. Yet only 34% of companies with the best tax reporting mention taxes other than corporation tax.
Download our full report below and spend 12 minutes finding out how you can help prevent a lack of tax transparency damaging trust in your organisation.