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More book publishers registered for VAT in 2014/15
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More book publishers registered for VAT for second year running in 2014/15

20 October 2015

2,270 book publishers were registered for VAT in 2014/2015 as at 1 March 2015, 5% higher than in the previous year, according to  the latest issue of the UK Business: Activity, Size and Location 2015 published by the Office for National Statistics on 6 October 2015. 2020 of the publishershad revenues of less than£1m (up from 1,905 in 2013/14), while 80 (down from 85 in 2013/14 had turnover of over £5m – the decline being due to acquisitions and mergers. 1,770 had four or fewer employees (compared to 1,650 in 2013/14) and just 10 had more than 250 (the same as in 2013/14). The following tables provides a comparison with 2012/13 and 2013/14. 

Turnover Size   (thousand)

2012/13

2013/14

2014/15

Employment Size

2012/13

2013/14

2014/15

0-49

690

700

690

0-4

1,560

1,650

1770

50-99

380

430

495

5-6

240

245

245

100-249

405

440

485

10-19

140

135

125

250-499

190

205

225

20-49

80

75

79

500-999

145

130

125

50-99

25

25

25

1,000-4,999

180

170

170

100-249

25

20

20

5,000 +

90

85

80

250+

10

10

10

 

2,080

2,160

2,270

 

2,080

2,160

2,270