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NIS Theme: Local economy

NI 172 - Percentage of small businesses in an area showing employment growth

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Overview

Title

NI 172 - Percentage of small businesses in an area showing employment growth

Description

Percentage of VAT registered businesses showing year-on-year employment growth. This indicator will include those businesses registered for VAT with less than 50 employment (around 98% of all VAT registered enterprises). It will measure the proportion of those businesses showing year on year employment growth, where employment is measured as the number of employees (full and part-time) plus the number of self-employed people that run the business.

Source

Department for Work and Pensions (DWP)

Coverage

Geographic coverage

England

Geographic units

Local Authority District (LAD), County/Unitary Authority, Government Office Region (GOR), National

Time coverage (most recent)

2008

Time coverage

2002/03 to 2008/09

Update frequency

Annually

Data quality

Type of data

-

Reliability

Businesses in VAT exempt sectors and businesses operating below the VAT registration threshold are not covered by this indicator.

Additional information and context

Background information

At the start of 2006 the VAT threshold was an annual turnover of 60,000 and 1.85 million of the estimated 4.3 million enterprises in the UK were VAT registered.

Notes on using

-

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