Many UK start-ups are not ready for GDPR

(2 minutes to read)

Recent findings have shown that there are many UK start-ups that are still not completely ready for GDPR, despite it coming into effect in just four months' time.

With the General Data Protection Regulation coming into place on the 25th May this year, there are still a concerning amount of new businesses that are not fully prepared for the changes.

Of the 4,000 start-ups surveyed by email service provider Mailjet, it was the banking and insurance sectors that were found to be the readiest, with construction and real-estate being the least prepared.

Pierre Puchois, chief technology officer at Mailjet, commented, “Launching a startup today means doing so amongst a sea of pre-existing regulations, and the best founders won’t ignore this. They have an opportunity to build their systems right from the very beginning and avoid penalties such as those GDPR will impose.

“Mailjet itself is now GDPR-compliant and ISO 27001 certified, which shows that attaining the highest levels of data privacy and security IS something accomplishable by SMBs and startups, and not just the big guys,”

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At the end of last year, ‘The GDPR and the new data landscape. Are you ready?’ report, carried out by Callcredit Information Group found that that just one in five (20%) businesses had set up teams to lead GDPR initiatives and only 32% had contacted third party technical support to inform their GDPR decisions.

The survey, which also interviewed consumers about their attitudes towards the GDPR and data sharing, found that interestingly the majority (79%) of consumers would like it to be simpler for them to withdraw consent for their personal data to be used by businesses.

To find out more about contracting please contact Sophie on 01442 795 100 or email sophie.lewis@dolanaccountancy.com

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of Contractor Umbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use Tide free of charge for the first year.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.
  • Same day payments- We offer same day payments as standard providing funds are received into our account by 9am, for no additional fee.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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