Pay Fair Tax

The GBC requires businesses to commit to paying their taxes, not engage in tax avoidance and commit to being transparent in their relationship with HMRC. We define tax avoidance as a deliberate attempt to get out of an obligation to pay tax, by entering into a set of artificial arrangements which have little or no commercial purpose other than the reduction of a tax bill.

£35.8 billion

Estimated tax gap arising from companies not paying their fair share of tax.

HMRC, 2023

72%

of people would rather work for a business that can prove that they are paying their fair share of tax.

Fax Tax Foundation, 2023

70%

of people would rather shop with businesses that can prove they are paying their fair share of tax.

Fair Tax Foundation, 2023

Why Paying Fair Tax Matters

Businesses benefit from a workforce educated in schools and cared for by the health service, as well as from well-maintained roads and many other parts of the state’s infrastructure that enable companies to do business.

Resources

Fair Tax Mark

Our Stance On – Mini Umbrella Companies

MUCs (Mini Umbrella Companies) operate by splitting up temporary employment workers into hundreds, or even thousands, of small, limited companies, set up with the sole purpose of carrying out tax avoidance. Temporary workers do not typically know they are employed by an MUC and are frequently moved between MUCs to help bosses maximise profits from the fraud.

Mini Umbrella Companies commit fraud by reducing PAYE, National Insurance, and VAT paid to HMRC, when paying temporary workers. It is important that GBC members are aware of the risk they pose and do their due diligence to ensure that there are no MUCs in their supply chain. Further guidance is available from HMRC.