In 2014, the United Kingdom Department for Business Innovation & Skills (BIS) reported a total of 5,254,000 private sector businesses. By the time 2015 rolled in, this jumped to 5.4 million. The Office for National Statistics, on the other hand, stated that the number of VAT and/or Pay as You Earn (PAYE) businesses in the nation as of March of 2016 has reached 2.55...Continue reading »