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I paid this as the wording was so broad that it seemed almost impossible to not fall into their definition of data storage.
Up to you, 40 quid to never have to worry about it, which you can also write off as an expense. I always treat these things like tax, what ever savings you can make are dwarfed by the penalties if you get it wrong so better to err on the side of caution.
Gewürzt
Potential stupid question klaxon: I've just had a letter from the ICO saying I have to pay their data protection fee if I handle any personal info as a business.
I reckon I don't, as I'm a freelance marketing/ecomm person so all my access to [what I think is] personal info is on platforms owned by my clients. My client list is other businesses, so that doesn't count as personal info, right?
It's only £40 a year but I feel like its a bit of a shakedown as most small ltds will just pay up.