HC Deb 21 July 1987 vol 120 cc167-8W
Mr. Kilfedder

asked the Secretary of State for Northern Ireland how many new companies registered for value added tax in 1986; how many companies were made bankrupt in the same year; and how this compares with 1966 and 1976.

Mr. Viggers

In Northern Ireland in 1986 there were 3,245 new registrations for value added tax. Regional analyses of VAT registrations are not available for the period before 1980. There was no VAT in 1966. Statistics on the number of companies commencing liquidation are as follows:

Year Number of companies
1966 76
1976 87
1986 220

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