Written answers
Tuesday, 23 February 2010
Department of Finance
Company Closures
9:00 pm
Caoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 164: To ask the Minister for Finance the number of businesses across all sectors that have advised the Revenue Commissioners that they have ceased trading in each month of 2009 and in January 2010; and if he will make a statement on the matter. [8667/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I have been advised by the Revenue Commissioners that the following numbers of individuals and companies have ceased trading during the period requested by the Deputy:
Month | Individuals | Companies |
January 2009 | 1,493 | 542 |
February | 1,115 | 406 |
March | 1,112 | 458 |
April | 1,129 | 536 |
May | 909 | 360 |
June | 1,164 | 517 |
July | 902 | 262 |
August | 900 | 414 |
September | 808 | 275 |
October | 825 | 216 |
November | 551 | 155 |
December | 763 | 256 |
January 2010 | 244 | 58 |
It should be noted that businesses cease for many reasons, including retirement or death of proprietors, or in the case of a sole trader formation of a partnership or incorporation into a Limited Company.
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