A new ruling concerning GDPR compliance can now apply to all UK businesses that have paid tax in the past two years. This can be corporation tax or any tax that has been paid through self assessment by sole traders and partnerships Since May 2018, all UK businesses were required to be GDPR compliant if they obtain, stored and processed personal data. However according to the latest figures nearly 75% of UK businesses are still not GDPR compliant. We suspect that figure is higher. This has placed any company that is not GDPR compliant at risk of a regulatory fine or being sued by clients for not keeping their data safe. The risk companies now face. The regulatory fine for non GDPR compliance can be 4% of your total company earnings and if one or more of your clients sue your company for not keeping their data safe the payout could be enormous and would put you out of business! This is a fact! According to the 2006 Companies Act every UK business needs to "Mitigate risk" and make a "Provision to mitigate that risk". GDPR non compliance puts your company at risk of ICO fines and client litigation. Once a director is made aware of this risk, it is his "fiduciary duty" to create a "GDPR monetary compensation reserve or fund" to mitigate that risk. How does this entitle you to claim back your tax for the last two years? Every UK business that is not GDPR Compliant should create a GDPR compensation fund to pay any ICO fine or litigation in the case of a data breach! You may now be eligible to reclaim the last two years tax for your “GDPR Compensation Fund”. *Once the funds have been returned it is up to each company how they use the returned funds but we strongly advise that you strengthen your cyber security. If you need more information about this please contact the Help Desk on 02897 204273 or send an email to us at info@thedpoa.com To All DPOA Members and Non Members: Since the start of 2021 there have been 1000’s of UK companies that have successfully reclaimed their tax back from HMRC. We have been observing the development of this GDPR non compliance issue closely and many members have asked if this GDPR reclaim is legitimate and could we recommend a company that could assist them in making the reclaim. We can now confirm that the GDPR reclaim is legitimate and we can endorse the work carried out by Citadel Claims Ltd to successfully make the Legal GDPR tax reclaim petition on behalf of all DPOA members and Non Members that qualify. About Citadel Claims Ltd. Citadel Claims Ltd are full members of the DPOA and are fully qualified to prepare the GDPR compliance report and the GDPR Risk analysis report to accurately quantify the risk that you and your business face as a result of non GDPR compliance. Their legal team will then prepare the GDPR reclaim petition. Citadel Claims Ltd will perform this service on a No Win/No Fee Basis just like a PPI claim To Contact them please visit their web site www.citadelclaims.com or call them on 0800 011 2031 To understand how the GDPR Petition process works please watch this video.
The GDPR Tax Claim Back from HMRC
Telephone 02897 204273
Office Hours: Monday to Friday 9.00 - 17.00
Head Office: Bridge Street, Kington, HR5 3DJ Telephone 02897 204273 Email: info@thedpoa.com
Please Note: The GDPR Reclaim is based in LAW and not accountancy. This Legal Petition is performed by GDPR Experts and Legal Representatives and does not require any accountant or accountancy. Only qualified GDPR experts and their legal teams can perform this reclaim petition!