Tax GDPR: KRW’s Privacy Policy

June 7, 2018|In KRW Insight|By Alex Beattie

With GDPR now live, we want to ensure that all of our clients are made aware of our privacy policy.

As most readers will know only too well, the General Data Protection Regulation (GDPR) went live on 25 May 2018, replacing the Data Protection Act, which has been around since 1998.

There has been a lot of scaremongering due to the threat of significant fines being levied for non-compliance, but essentially GDPR places greater regulation on all businesses that hold personal data, and aims to tighten up practices on how personal data is controlled and kept secure.

In line with the new regulations, we have published our privacy policy, which you can view on our website. Here at KRW, we take the security of your personal data very seriously, and we would therefore encourage all of our contacts to read this so that you get an understanding of how we use your personal data.

Under the guidance provided by The Information Commissioner’s Officer (ICO), KRW Accountants will be deemed a data processor when it comes to a lot of our clients, particularly those who we provide payroll and bookkeeping services to. It is therefore recommended that you share our privacy policy within your own policy, in order to disclose this to those who’s data you control.

For existing clients of KRW Accountants, you will automatically continue to receive these monthly tax bulletins as we have a legitimate interest to keep you up-to-date with the changes in tax legislation.

Key Facts

  • GDPR went live on 25 May 2018
  • It places greater regulation on how businesses control and safeguard personal data
  • Our privacy policy is published on our website
  • Some of our clients may also need to refer to our privacy policy in certain circumstances

For more information this matter, please contact Alex Beattie

Alex Beattie