The number of registrations increased by 14,200 (8.1%) between 2002 and 2003, exceeding the number of de-registrations which rose by 10,400 (6.4%) over the same period.
The overall VAT-registered business population increased by 15,500 (0.9%) during 2003, according to the government’s Small Business Service.
It is widely understood that VAT registration figures give an indication of the level of entrepreneurship and general health of the business population.
But they do not give the whole picture, as start-ups only need register for VAT once their turnover exceeds £56,000. Also, de-registering does not necessarily mean company closure.
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars