Aim of this survey
The Quarterly Survey of Financial Assets and Liabilities (FALS) collects information on the financial assets and liabilities held by companies, except for financial institutions. (Financial institutions are organisations such as banks and building societies, and these provide data directly to the Bank of England). The data are mainly used in constructing the financial accounts for the non-financial corporations sector of the UK National Accounts and as an input into the compilation of the capital account of the UK Balance of Payments (the difference between imports and exports).
What you need to know
To complete the survey, you will need the following information:
- financial assets and liabilities held by parent and/or subsidiaries and branches
- figures at book value, that is, what was paid for the asset rather than the current market value
- consolidated group account figures
All information you provide is strictly confidential.
Selection criteria: UK trading businesses registered for Value Added Tax (VAT) and/or Pay As You Earn (PAYE)
Population: approximately 3,000
Sample: approximately 720
Quarter 1: between 25 and 27 March
Quarter 2: between 24 and 26 June
Quarter 3: between 23 and 25 September
Quarter 4: between 16 and 18 December
Quarter 1: 19 April
Quarter 2: 19 July
Quarter 3: 18 October
Quarter 4: 17 January
Dispatch and return-by dates are a guide. They are subject to change due to national holidays and weekends.
Why you were selected
Your business has been selected from a directory of businesses in the UK, which are registered for VAT and/or PAYE or with Companies House. Your response ensures we represent your industry.
The FALS is conducted under the provisions of the Statistics of Trade Act 1947. Once selected, your business is legally obliged to comply. You cannot appeal your selection.
Why you have received this survey
We survey businesses of all sizes to ensure our statistics are representative of the UK economy. We select large businesses (those with 100 and over employees) for any relevant Office for National Statistics business surveys because their information is so significant.
We select some small and medium businesses, usually for a set period of time then replace them with other businesses from their industry. They are very important to us as their trading patterns are often very different to large businesses.
How to complete this survey
Please complete and return the questionnaire following the guidelines on the front page.
Reminders are issued automatically, so you may receive one if you submit data just before or after the return date.
At the moment this survey is not available to complete online. We are currently developing a secure online collection platform. You will receive a letter notifying you when you can complete the FALS on our new platform. We appreciate your patience.
How to find out more information
You can call us on 0300 1234 935. Please contact us on 0300 1234 921 if you would like to speak to someone in Welsh.
Er mwyn gwneud cais am ffurflen Gymraeg – 0300 1234 921