How does this work?
Well, it's a newly discovered legal risk to your business pertaining to GDPR law which allows us to make a provision in your accounts for the risk that it exposes you to.
Fact: Data theft is a world wide industry that can result in data breach fines if compromised.
Fact: The Information Commissioners Office (ICO) can issue fines of between £1000 and £8000 per piece of data you hold for each data breach
Fact: Corporation Tax Rebates has processed over £5m in refunds based on this threat during the first half of 2021.
Most businesses think because they’ve invested in GDPR compliance & Cyber security they will not be subject to fines – well they are, and that is a problem, a fine is indefensible and that can cause serious financial damage.
The data your company holds on your customers, staff and suppliers is a risk to your business – a risk that could cost thousands in fines and litigation.
In this webinar Mike Woolnough from Corporation Tax Rebates tells you just how dangerous your data is, and how that risk can be mitigated in your accounts. We’ll also reveal why no business can ever be compliant with GDPR and it’s associated 99 laws, and how that can affect the value of your business. You’ll discover that even the smallest of databases could cost a business tens of thousands of pounds.
Mike and his team of Accounting and Data Law experts have discovered a legitimate way to reduce that risk, which as a result may lead to tax rebate. All carried out legally and professionally, by legal and accounting experts. Your accountant is unlikely to know about this, but this webinar will explain everything.
If you have paid over £20,000 in corporation tax, in the last 3 years, and you have data, this webinar is a must-see!
A GDPR and Corporation Tax expert, Mike is leading the way in helping businesses reduce the risk of huge fines as a result of non compliance with the difficult and convoluted GDPR regulations and processing refunds from HMRC as a provision for this risk. Mike helped identify the legal rationale and accounting practices required back in 2020, and since then he has helped businesses claim back over £5m in Corporation Tax overpayments.