![]() the Office for National Statistics recorded 2.7 million private sector businesses as registered for VAT or PAYE, 48% of the estimated total population.Just over three quarters of UK private sector businesses are non-employers, and the majority of these are not registered for either VAT (value added tax) or PAYE (pay as you earn). On 8 October 2021, corrections were made to the following values in table A: for businesses with 50-249 employees, the number of businesses was changed from 36,620 to 35,620 for businesses with 10-49 employees, employment was changed from 4,209 to 4,111 and turnover was changed from 648,883 to 649,883.ĭownload this chart’s data Registration for VAT and PAYE ![]() “with no employees” category comprises sole proprietorships and partnerships with only a self-employed owner-manager(s) and companies with one employee, assumed to be a working proprietor Turnover column: figures exclude Section K (financial and insurance activities) where turnover is not available on a comparable basis Table A: Estimated number of businesses in the UK private sector and their associated employment and turnover, by size of business, start of 2021
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