To ask the Scottish Executive what the business start-up rate was in 2009, expressed as VAT/PAYE registrations per 10,000 adult population.
VAT/PAYE registrations are released annually by the Office for National Statistics. VAT/PAYE registrations per 10,000 resident adults are now used to monitor the business start-up rate in Scotland.
VAT/PAYE registrations are currently only available from 2002 to 2008 - VAT/PAYE registrations for 2009 will be published in November 2010. The following table shows VAT/PAYE registrations per 10,000 resident adults in Scotland from 2002 to 2008.
VAT/PAYE Registrations per 10,000 Resident Adults, Scotland, 2002-08
Year | |
2002 | 35 |
2003 | 37 |
2004 | 35 |
2005 | 41 |
2006 | 36 |
2007 | 43 |
2008 | 38 |
Source: Business Demography 2008, Office for National Statistics, Mid-Year Population Estimates, General Register Office for Scotland.
The registration figures for 2007 were particularly high, and it is likely that these figures partly reflect the impact of changes in tax rules in April 2007 surrounding managed service companies.
VAT/PAYE registrations do not represent a complete picture of start-up activity as only companies with an annual turnover above the VAT threshold or who have employees on a Pay As You Earn (PAYE) scheme are required to register.
More information on monitoring business start-ups in Scotland, including information on the recent change in source from VAT only registrations to VAT/PAYE registrations, is available from the Scotland Performs website at:
http://www.scotland.gov.uk/Topics/Statistics/About/NotesSP/TechnicalNotesSPNI2.