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Survey Participant Information - Economic Activity Survey - Business changes
 

ECONOMIC ACTIVITY SURVEY - BUSINESS CHANGES


Do I still need to complete the form if the business was sold during the 2011-12 financial year?

If the business operated by the selected entity (e.g. ABN) was sold during the financial year, then the form should be completed using figures up to and including the day that the business was sold, as well as figures relating to any other new activity undertaken by the selected entity for the remainder of the financial year.

It is important to report the date the business was sold. If the selected entity ceased to operate after the sale, please indicate in the Comments section of the form whether there are intentions for the entity to trade in the future. Please also provide the name of the new business owners.


Do I still need to complete the form if the business was sold before the start of the 2011-12 financial year?

If the business was sold prior to the beginning of the 2011-12 financial year, please contact the freecall (excluding mobile phones) phone number on the front of the Economic Activity Survey form for further advice. This will enable the ABS to stop sending reminder letters to return the form.

What do I do if the business is still operating but didn't trade during the 2011-12 financial year?

If the business is still operating, but did not trade during the 2011-12 financial year, please contact the freecall (excluding mobile phones) phone number printed on the front of the Economic Activity Survey form for further advice. This will enable the ABS to stop sending reminder letters to return the form.

Do I still need to complete the form if the business has gone into liquidation/administration during the financial year?

If the business has gone into liquidation or administration during the financial year, please complete the form using figures up to and including the day that the business was liquidated or went into administration. It is also important to report the date that this occurred. If you are unable to access the accounts, then the liquidator or administrator should complete the survey. Where this is not possible, best available estimates of the financial data should be provided. Although it is preferred that you provide a best estimate for your business, it is acceptable to provide an estimate based on a percentage change from the previous years figures. Where estimates are not possible, please contact the freecall (excluding mobile phones) phone number printed on the front of the Economic Activity Survey form for further assistance.


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