HC Deb 26 May 1989 vol 153 c776W
Mr Butterfill

To ask the Chancellor of the Duchy of Lancaster what was the total number of new companies(a) registering and (b) deregistering for value added tax purposes for each of the last five years; and if he will make a statement.

Mr. Maude

Estimates for the United Kingdom are as follows:

Registrations (a) Deregistrations (b) For VAT (thousands)
(a) (b)
1983 180 145
1984 182 152
1985 182 163
1986 191 164
1987 205 160

Source: Department of Employment.

This represents a net increase of 11.5 per cent. in the stock of businesses registered for VAT between the end of 1982 and the end of 1987, the latest date for which reliable estimates are available.