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Written question asked by Gordon Prentice (Labour) on Monday, 23 January 2006, in the House of Commons. It was due for an answer on Wednesday, 25 January 2006. It was answered by Alun Michael (Labour) on Monday, 30 January 2006 on behalf of the Department of Trade and Industry.

VAT (Pendle)

Question
To ask the Secretary of State for Trade and Industry how many businesses (a) registered and (b) deregistered for VAT in Pendle in each year since 1997.
Answer

The number of businesses registering and de-registering for VAT in the Pendle constituency, are shown in the table for the period 1997 to 2004. Data for 2005 will be available in autumn 2006.

VAT registrations and de-registrations in Pendle constituency 1997 to 2004
Registrations De-registrations
1997 170 195
1998 180 185
1999 185 170
2000 225 170
2001 215 185
2002 190 160
2003 230 205
2004 205 190
Source: Business Start-ups and Closures: VAT Registrations and De-registrations 1994–2004, Small Business Service, available from the Libraries of the House and also at http://www.sbs.gov.uk/vats

VAT registration and de-registration data do not capture all business activity. Businesses are unlikely to be registered if they fall below the compulsory VAT threshold. Similarly, businesses that de-register will not necessarily have closed. Only 1.8 million out of 4.3 million enterprises were registered for VAT at the start of 2004.

Secondary information

Type
Written question
Reference
45929; 442 c112W;442 c112W
Session
2005-06
Subjects
Companies Business Registration VAT Pendle
Link
View this Written question on www.publications.parliament.uk