In 2020, Statistics Jersey will be conducting for the first time a new Annual Business Survey (ABS). It will replace two surveys we currently conduct (the current Annual Business Survey and the Finance and Legal Sector Survey). It will include all business sectors, collecting financial data from businesses' end-year accounts, including turnover, wages and salaries, purchases of goods and services and capital expenditure. The new ABS will become the main business survey conducted by Statistics Jersey.
What you need to know
If selected, your business will receive the survey form in the first quarter of 2020. To complete the survey you will need information on the following areas:
- trading period (if your business did not trade for the full calendar year)
- income from Jersey based operations
- expenditure on employment, purchases of energy, goods, materials and services
- details on any international trade in goods and services
You will be requested to provide figures for the calendar year 2019, however the return may instead cover a business year ending on any date between 6 April 2019 and 5 April 2020. Where exact figures are not available you will be requested to provide informed estimates.
Who will receive this survey
Businesses will be selected from the register of undertakings established under Article 38 of the Control of Housing and Work (Jersey) Law 2012. We will survey undertakings of all sizes to ensure our statistics are represented of the Jersey economy. We will select all larger undertakings (those with 20 or more employees) as their information is so significant. We will also select some smaller undertakings through a random selection process. These undertakings are very important to us as their trading patterns are often very different to larger businesses.
The new ABS will be conducted under the provisions of the Statistics and Census (Jersey) Law 2018. Once selected, your business is legally obliged to comply. You cannot appeal your selection.
Selection criteria: Jersey undertakings registered under the Control of Housing and Work (Jersey) Law 2012
Sample size: approximately 800 undertakings
Dispatch date: first quarter 2020