Awareness of data protection fee campaign
The Information Commissioner’s Office (ICO) has launched a campaign aimed at contacting all registered UK companies to remind them of all their legal responsibility to pay a data protection fee. The campaign marks the start of an extensive programme by the ICO to make sure the data protection fee is paid by all those who are required to pay it.
Under the Data Protection Act 2018, organisations and sole traders processing personal information are required to pay the data protection fee, unless they are exempt. The ICO has produced a self-assessment checker to enable businesses to check if they are required to pay the fee, but it advises that if the business holds personal information for business purposes on any electronic device, including using CCTV for crime prevention purposes, it is likely the annual fee payment is due.
The cost of the fee depends on the organisation’s size and turnover. There are three tiers of fee ranging from £40 to £2,900, but for most organisations it will be £40 to £60. The cost is reduced by £5 if paid by direct debit. The fee can be paid online, or organisations can complete a form stating why they are exempt from paying the fee.
Posted by Cassey Nixon on
18th December 2019
Income excluded from property business
HMRC publishes a list of income streams that are excluded from a UK property businesses’ taxable income. The list includes fishing concerns, hotels and guest houses, tied premises, caravan sites, lodgers and tenants in your own home, extra services to tenants and letting surplus trade accommodation. In most cases the income from these activities will […]
When National Insurance Credits can be claimed
National Insurance credits can help qualifying applicants to fill gaps in their National Insurance record. This can assist taxpayers to build up the amount of qualifying years of National Insurance contributions and thus increase the amount of benefits a person is entitled to receive, for example, the State Pension. National Insurance credits are available in […]