Social enterprise Unlimited Potential has become the first Salford-based business to gain the Fair Tax Mark, demonstrating that it is proud to pay its fair share of tax and achieve the highest standards of transparency.
In order to achieve the Mark, Unlimited Potential, which specialises in social innovation for happiness and works to help people lead healthier, more fulfilled lives, opened up its accounts to external scrutiny, improved its tax reporting and published a full tax policy, which includes a commitment to paying the right amount of tax at the right time, in the right place.
As an organisation that works to improve lives in communities, and that partners with local government and health organisations, supporting the growing number of businesses standing up for Fair Tax seemed like a natural decision to take.
David Cummins, Chair of Unlimited Potential, said:
“We want local people and our customers to know that we take an open and responsible approach to tax. We are proud of having the Fair Tax Mark, as it shows that Unlimited Potential pays our fair share at the right time and in the right place. We hope that it will help us stand out, but also want to encourage others to join us.”
Richard Livings of the Fair Tax Mark said:
“We are absolutely delighted to have worked with Unlimited Potential and congratulate them on taking a stand in favour of Fair Tax and greater transparency for business. They join a growing number of businesses angry at the unfairness of tax avoidance, and proud to be doing what is right. An enterprise that works to solve social problems, Unlimited Potential is well placed to understand the vital role that tax plays. We hope many others will follow their lead.”