Are you ready for the GDPR?

The deadline is fast approaching to ensure your business is compliant with the General Data Protection Regulations (GDPR), which, on 25 May 2018, will replace the current Data Protection Act. With tougher penalties, a wider remit and increased rights for individuals, businesses of all sizes and types need to understand what the regulations mean for them and plan accordingly.


The underlying principle of the GDPR is to enforce stronger data security and privacy rules among organisations when it comes to protecting personal data.


Some key areas to look at include:


  • What data do you hold in order to service your clients?
  • Do you document all the information you have?
  • What data do you hold for marketing purposes?
  • How do you audit current data protection measures at your company?
  • Are your data collection and procedures GDPR-compliant?


Companies also need to ensure their security alert systems are equipped to identify any break-ins quickly because, under the GDPR, data breaches will have to be reported within 72 hours.


If this is all new to you, you’ve heard of the GDPR but your company has yet to prepare for the upcoming changes, now is the right time to start. With fines of up to 4% of annual turnover or €20 million, whichever is greater, it is important you act now to ensure you are ready for the changes. If you have any questions then please get in touch.

Latest Blogs

Is your business fit for summer?

We saw a glimmer of sunshine at the weekend, and you could be forgiven for thinking that summer is on it’s way. Well, Spring at least!   With many financial year ends now passed, business owners can finally focus on ‘getting down to business’ and clarify their objectives and goals for the year ahead. Here … Continued

Read more

Getting to know you – it’s good to talk

Traditional accountants look at balance sheets, Profit & Loss Accounts, ways to maximise your tax position, and prepare paperwork to meet HMRC obligations (to name but a few standard areas). But there is more to understanding how to provide client service, or good client service, than that. It is all dependent on the value that … Continued

Read more

Cash flow – how to deal with unpaid invoices

Dealing with late payment and unpaid invoices is frustrating and something that no business owner enjoys spending time on. However, regardless of the size of your business, unpaid invoices aren’t just an inconvenience, they can have a major impact on the running of the business. It is important therefore to have robust strategies in place … Continued

Read more
View all blog posts

Send this to friend