§ Simon HughesTo ask the Secretary of State for Trade and Industry what percentage of VAT-registered enterprises registered in(a) 1987, (b) 1992, (c) 1997 and (d) 2001 were still trading after (i) 12 months, (ii) 24 months and (iii) 36 months, broken down by region. [177064]
§ Nigel GriffithsVAT registrations do not capture all business activity. Businesses are unlikely to be registered if they fall below the compulsory VAT threshold, which has risen in each year since 1997. Similarly, businesses that deregister will not necessary cease trading. Only 1.8 million out of 3.8 million enterprises were registered for VAT at the start of 2002.
The percentages of UK VAT registered enterprises still registered after 12 months are not available for enterprises registered before 1993. The answers for 1997 and 2001 are as follows:
12 months
The percentages of UK enterprises registered for Value Added Tax (VAT) in 1997 and 2001 that were still registered for VAT after 12 months, in each country and Government Office Region (GOR), are as follows.
1231W
Percentage Country Enterprises registered in 1997 still registered after 12 months Enterprises registered in 2001 still registered after 12 months United Kingdom 89 92 England 90 92 Scotland 88 92 Wales 89 92 Northern Ireland 91 94 Source: Small Business Service (SBS) Business Survival Rates, http:// www.sbs.gov.uk/analytical/statistics/statisticssurvivalrates.php
Percentage of UK enterprises still registered after 12 months Government Office Region Enterprises registered in 1997 still registered after 12 months Enterprises registered in 2001 still registered after 12 months North East 90 91 North West 87 91 Yorkshire and the Humber 89 91 East Midlands 89 92 West Midlands 88 92 East 91 92 London 89 91 South East 91 93 South West 91 93 24 months
The percentages of UK VAT registered enterprises, in each Government Office Region, still registered after 24 months, are only available for enterprises registered in 1999 and 2000. They are as follows:
Percentage Country Enterprises registered in 1999 still registered after 24 months Enterprises registered in 2000 still registered after 24 months United Kingdom 77 79 England 77 79 Scotland 76 79 Wales 77 78 Northern Ireland 80 83
Percentage Government Office Region Enterprises registered in 1999 still registered after 24 months Enterprises registered in 2000 still registered after 24 months North East 76 77 North West 75 78 Yorkshire and the Humber 77 77 East Midlands 78 79 West Midlands 77 79 East 79 79 London 75 77 South East 80 81 South West 78 80 36 months
The percentages of UK VAT registered enterprises still registered after 36 months are only available for enterprise registered 1993 to 1999 inclusive. Data for enterprises registered in 2001 are expected in winter 2005–06
1232WData for 1997 and the latest year (1999) are as follows:
Percentage Country Enterprises registered in 1997 still registered after 36 months Enterprises registered in 1999 still registered after 36 months United Kingdom 67 66 England 67 66 Scotland 66 65 Wales 68 68 Northern Ireland 75 72
Percentage Government Office Region Enterprises registered in 1997 still registered after 36 months Enterprises registered in 1999 still registered after 36 months North East 66 66 North West 64 65 Yorkshire and the Humber 67 66 East Midlands 67 68 West Midlands 66 67 East 70 68 London 64 63 South East 71 70 South West 70 68