Many companies now a days are receiving a letter from ICO (Information commissioner office), reminding them of their duty to pay ICO data protection fee if they process personal information of the customer, client or a tenant. If the same is not paid on time, it can lead to fines up to £4,350 (150% of the top tier fee).
ICO Fees Key Points
What you should do?
A lot of companies are confused whether this applies to them and what action should be taken. Some of the companies have ignored the letter thinking it’s a scam.
ICO recently published a blog confirming the letters are not a scam and serves as a reminder to the companies in the UK on their legal duty to pay ICO data protection fee.
Whether you have received a letter or not, as a business it is your duty to comply with the data protection law. In most cases an annual fee will be due if you are holding personal information in any electronic format including CCTV for crime prevention purposes. You can quickly find out if your organisation needs to pay the fee by using the self-assessment checker tool on ICO’s website: Self-assessment Tool.
There are many businesses especially property companies that collect information about name, addresses and telephone numbers of customers, clients or tenants with the help of agents. The ICO guidelines state that if you are not holding these personal details, then the rules are not applicable to them directly and a fee doesn’t need to be paid.
How much ICO data protection fee is levied?
The ICO data protection Fee Company needs to pay depends upon the size & turnover of the company. As far as fee is concerned, it ranges from £40 - £2,900. For most of the organisations, ICO data protection fees is between £40 - £60, but in case you will use the direct debit facility to pay data protection fee online, your cost will reduce by £5. It is recommended you use Self-assessment checker in order to calculate your data protection fee.
Different companies have different opinions on this matter but the companies which are getting these demand letters from ICO should take immediate action and find out if they are required to pay the fee.
For any query related to demand letter, kindly contact DNS at 03330600310.