Why balancing profit maximisation and corporate reputation is key

A report from PwC assessing the total tax contribution of the Hundred Group – which consists of the finance directors of the UK’s biggest companies – shows that such companies contributed £67.7 billion ($108 billion) to the government in taxes for the year ending March 2011, but news such as the unveiling of avoidance schemes used by Barclays bank uncovers the fact that this could, or even should, be higher.