Ever since the enactment of GDPR Legislation by the EU in 2016 and after extensive reviews were carried out over a lengthy period of time, it became clear that pretty much all businesses were deemed to be non-compliant.
Whenever a GDPR rule is not followed, perhaps a Privacy Notice is not given, or is defective, or is not in the right form, or not given at the right point in the information flow; an automatic right to claim is created with a minimum tariff established at 750 euros/GBP per touch point incident. The defendant business then has the right to place that claim as an allowable deduction against Corporation Tax.
Legal precedent has established the principle supporting the reclaim of Corporation Tax payments in this context highlighted by fines levied against companies including Google fined £50m, BA fined £183m, Marriot Hotels fined £99m and even HMRC in the UK themselves fell foul by being non-complaint with GDPR at a cost of £17m.
Within the last few months, Twitter in Dublin was given a significant fine because of non-compliance. Early engagement with us could have avoided this outcome.
At STH Consultancy, we to help our clients understand exactly why we are placing so much emphasis on the significance of engaging sooner rather than later, our objective is to show exactly how to protect your business from being subjected to this type of claim. In the process we will also highlight how to reclaim your Corporation Tax payments made to HMRC (or any other EU tax regulatory authority,) over the last three years and help put matters right by ensuring that your business becomes compliant.
We then reclaim, on behalf of your business,100% of the Corporation Tax that has been paid by the company to HMRC.
Claims to date have ranged from £50k to £30m and we’ve been able to recover 100% of the last three years CT subject to a no success no fee basis.
It is always better to talk and see how we can help. So give Sean a call on 07584 088082. Or fill in the contact form below or simply email Sean.