SSE wins ‘breakthrough’ fair tax award

Tax campaigners claimed a “major breakthrough” as energy giant SSE plc became the first FTSE 100 company to receive the Fair Tax Mark.

The accreditation scheme, re-launched in February, assesses “the quality of a business’s publicly available information on key tax and transparency issues”. Its criteria are based on a company’s tax rate and stated tax policy as well as the quality of disclosure of information that is not required by company law.

Read more at AccountingWEB.