Today is April 25. Not exactly big news, I know. But it’s important. It’s exactly one month until the EU’s General Data Protection Regulations come into force. GDPR, which lays down the law about the data companies hold on individuals, is on us.
So, will enforcement officers from the Information Commissioner’s Office be banging on the door to check on your compliance come May 25?
Probably not. Though there is no official grace period before fines for non-compliance come into play, the ICO will be wanting to see that organisations are putting compliance systems in place.
Not up to speed with GDPR
Fair enough. But according to a European survey of 1,100 business folk by EY, about 40 per cent were not up to speed with GDPR. And that doesn’t bode particularly well.
Probably the best place to start if you think you may fall into this “more knowledge required” category is the ICO’s 12 step guide to GDPR.
But the first move would be to establish what personal information you/your firm holds about clients, prospects, and employees.
Subject access requests
The ICO guide covers everything from privacy rights and data documentation to subject access requests and obtaining consent.
An, of course, this year’s Accountex, at ExCel on 23-24 May, is the place to gather all the GDPR information you need.
Women say no vote, no tax
Moving on. And the Association of Taxation Technicians has unearthed some fascinating information in an article entitled “No Vote, No Tax – The Women’s Tax Resistance League.”
On Tuesday a statue of women’s rights campaigner Millicent Fawcett was unveiled in Parliament Square to mark the UK centenary of women getting the right to vote.
A plinth on the statue has the names of 59 women who helped with the vote campaign, including members of the Women’s Tax Resistance League.
Injustice of paying tax
ATT Technical Officer Helen Thornley has done extensive research on the group, which was founded in 1909. Members fought against the injustice of paying tax when they lacked a parliamentary vote.
According to the ATT: “Members of the league included doctors, artists and writers and also, crucially, the first women admitted to a professional accountancy body – Ethel Ayres Purdie. Her tax expertise was crucial to the work of the league.”
Check out the video of one of Helen’s great presentations on the topic.
See you tomorrow.