The number of Value Added Tax (VAT) and/or Pay As You Earn (PAYE) businesses in the UK, as of March 2019, increased to 2.72 million, an increase of 1.8% from March 2018 and a slight recovery from the minimal increase seen between 2017 and 2018.
The number of companies and public corporations has continued to rise and represents 72.5% of total UK businesses, which has offset a gradual fall in sole proprietors and partnerships.
The largest industry group is professional, scientific and technical, making up 17.4% of all registered businesses in the UK.
The data contained in these tables are numbers of enterprises and local units produced from a snapshot of the Inter-Departmental Business Register (IDBR) taken on 15 March 2019. The publication contains tables on local units and enterprises by geography, industry, legal status and employment size band. Additional tables at enterprise level provide information by turnover size band.