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The latest news and opinion from Wolters Kluwer experts for tax, accounting, business, legal, HR, health & safety and care professionals

Data protection in the news

By Greg Gillet on 09-Aug-2017 09:57:49

The government announced on Monday that it would be introducing new laws to give people "more control over how their personal data is used".  Anyone who has been following GDPR will realise that this new Data Protection Bill is, in fact, the UK’s enactment of the European-wide General Data Protection Regulation.  Now that it's made the mainstream news and the general public has become aware of the impending changes, accountancy practices should consider how best to answer questions from their clients.

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Croner-i: Protecting business against cyber crime

By Croner-i team on 08-Aug-2017 14:34:35

A new joint report from BT and KPMG has stated that investing in IT security products alone “is no silver bullet” in the battle against cyber crime. Although investment in technology such as firewalls and anti-virus software is “essential good housekeeping”, companies must realise that there will still be other risks.

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Start your GDPR preparations now!

By Paul Brace on 02-Aug-2017 09:13:32

The General Data Protection Regulation (GDPR) replaces the Data Protection Act on 25 May 2018.  While this may seem a long way off, most organisations need to start preparing now to make sure they’re ready for implementation.  Here’s our guide to how accountancy practices can make a start with their GDPR preparations.

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Massive win for all workers

By John Prettyman on 26-Jul-2017 14:27:46

Having finally succeeded after a four-year battle, Unison was understandably delighted with the decision of the Supreme Court to declare that fees for those bringing employment tribunal claims are illegal.

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An introduction to GDPR for accountants

By Paul Brace on 26-Jul-2017 09:17:58

The General Data Protection Regulation (GDPR) will replace the current Data Protection Act on 25 May 2018. With tougher penalties, a wider remit and increased rights for individuals, businesses of all sizes and types – including accountancy practices – need to understand what the regulations mean for them and plan accordingly.

This article – the first in a regular series – provides a brief introduction to GDPR for accountants and tax advisors.

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Croner-i: Many export destinations less open to trade

By Croner-i team on 25-Jul-2017 17:01:21

More than a third (36%) of non-British workers in the UK are considering leaving the country in the next five years — and 26% could go within three.

Since the financial crisis, exports have grown at a disappointingly slow rate, with trade volumes globally running at over 20% below their pre-crisis trend.

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Croner-i: A third of non-UK workers could leave the country

By Croner-i team on 20-Jul-2017 11:20:00

More than a third (36%) of non-British workers in the UK are considering leaving the country in the next five years — and 26% could go within three.

What is more, it is the highly-skilled workers from EU countries (47%) who are the most likely to consider leaving rather than highly-skilled non-EU workers (38%), according to a new survey published by Deloitte.

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The 7 drivers of digitalisation

By Greg Gillet on 19-Jul-2017 10:25:58

Digital technologies are having a profound effect on our economy and on society.  Everyone feels the effects, whether we work in manufacturing, banking or retail, a charity, a government body or even an accountancy practice.  So what’s driving the widespread use of disruptive digital technologies?  We look at seven global drivers.

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As the government delays MTD, the move to digitalisation seems more certain

By Phil Thornton on 13-Jul-2017 18:32:34

Today the government released its plans on the finance bill and confirmed a new timetable for Making Tax Digital and the overall move to digitalisation.

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An introduction to quarterly reporting under MTD

By Phil Thornton on 12-Jul-2017 16:35:32

“Quarterly reporting” is another key concept under Making Tax Digital.  In this article we’ll examine what it means for you and your clients, laying the groundwork for a more in-depth look next week at what needs to be included in the quarterly reports to HMRC.

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