Supporting local communities
Charles Handy, writing in 1994 in ‘the Empty Raincoat’, examined what he called the corporate contract, identifying six interest groups of a business: shareholders; financiers; employees; customers; society; and the surrounding community. Inequality of opportunity (and wealth) has probably increased since then, with some businesses favouring one interest group and disadvantaging others.
With our consultancy we aim to help families to pay ‘the right amount of tax’, by which we mean a fair amount, after using all available exemptions and reliefs. We do not promote, nor recommend that our clients should use, highly artificial tax schemes. Equally, we hope that our clients can avoid the ‘heffalump traps’ that litter our tax code: curious features that can trigger unexpected tax liabilities.
We have served on committees of our professional bodies, especially The Society of Trust and Estate Practitioners (STEP), and take seriously our duty to observe the professional standards of STEP and of The Chartered Institute of Taxation.
Apart from that, as a business we try to ‘do our bit’ to support the community. This year we are raising money for:
- Cool Earth
- Engineers Without Borders and
These charities have been chosen by a group of young engineers (including one family member) who will this summer embark on The Mongol Rally. As a bunch, they recognise that they have enjoyed the privilege of a good education and now pursue rewarding careers. They want to raise money and have fun whilst doing so. We wish them well, hope earnestly that they get home safely and commend their efforts to you.
To see quite what they are undertaking, go to spampugmystery.wixsite.com/donation for more details.