The ICO: why do I have a letter from the Information Commissioner's Office?

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This is a video from my Patreon channel that, when I was watching it back, I thought could be useful as a standalone piece of advice. This is something that everyone running a business needs to know, and doubly so if you’ve received a letter from the ICO – the Information Commissioner’s Office – asking you for money.

If this is the way you like to be taught about the accounting and tax and (in this case) general government bureaucracy of running your business then come join us over at the The Accounting Tea Break Library on Patreon:
https://www.patreon.com/copperlibrary
It’s £10 a month, it’s full of all the tax and accounting stuff you wish you knew when you started your own business and it will save you some combination of time, money and stress.

Link to the ICO’s questionnaire to see if you need to pay:
https://ico.org.uk/for-organisations/data-protection-fee/self-assessment/

And here’s the page on their site that explains the exemptions:
https://ico.org.uk/for-organisations/guide-to-data-protection/guide-to-the-general-data-protection-regulation-gdpr/data-protection-fee/exemptions/

Let me know if you have any questions in the comments.

Thanks for watching!

https://www.thecoppercoins.co.uk/

If we haven’t met yet, then hi, I’m Benedict, I’m a Chartered Accountant. This channel is my place to give tips and advice to freelancers, small business owners, start ups, entrepreneurs… anyone who might need a bit of guidance from an accountant in the UK.

My accounting firm is called The Copper Coins; head over to my website if you need more help than a YouTube video can provide.

DISCLAIMER TIME: Are you my client? No? You don’t have an engagement letter from me with my signature on it? Well then I guess you’re not my client, not right now at least. So, of course, I have to warn you that this is just general information, just me talking about my experience with accounting, and that my company and I can’t be held responsible for what you do with this information. I make these purely to be helpful, but I may have made a mistake, or brushed over some subtleties of the law, or you might be in a situation that means this information is wrong for you. If you want personal accounting advice, go find an accountant and talk to them and maybe hire them. I might be taking on new clients if you want to get in touch. Thanks.

Comments

Ross H says:

I definitely agree it looks like a scam letter when it comes through. Believe you also have to pay if you have video recording in a commercial vehicle or premises.

MOKU says:

Mate I run a ecom business virtually , I have a ltd company in uk and accept payments via stripe , coinbase , PayPal wire etc and they put personal info when paying that is address , name , mail , payment mode . Do I need to pay IFP if I do this ecom business also we provide consulting services same this way , don’t collect any other data . Also while paying our suppliers we don’t collect extra info than account details for paying and email , name and address. My business is small – annual turnover between £50k – 250K , expected is below 83k .Do I need to pay ico and if not what do I mention as reason and description to not pay ico in no fee page of ico. Thanks mate , appreciate your help

Syed Jaffer Zaidi says:

Should E commerce stores pay this fee? I've been to their website and it is too open ended (vague) for a lay man to understand.

Jack Bennett says:

Fantastic video, clear and straight to the point. Exactly what I needed

Ross H says:

I definitely agree it looks like a scam letter when it comes through. Believe you also have to pay if you have video recording in a commercial vehicle or premises.

Laszlo Todoran says:

Informative and easy to understand, well done!

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