Invitations to complete the Bailiwick’s annual Economic Activity Return are being issued to selected employers that operate in Guernsey and Alderney.
Around 500 are selected to complete the return each year. Those selected for 2025 will be contacted directly via a letter, which they will have received this week.
The return can be completed online or in digital or paper copy.
It asks employers to provide information relating to certain types of income and
expenditure over the past two years and any forecast for the next two years. This
information enables calculation of Gross Value Added (GVA) and Gross Domestic Product (GDP) more accurately than in the past.
Completing it is a requirement under law for all selected employers, by 31 July.
Helen Walton, Head of Data and Analysis for the States of Guernsey, said: “Last year, we were able to publish first estimates of Guernsey 2024 GVA and GDP figures several months earlier than we’ve been able to in previous years. The revisions we needed to make to the 2023 estimates last year were much smaller than in the past too.
“These improvements have been achieved as a result of data being provided to us by local employers via Economic Activity Returns. For those that are selected, completing the return by the deadline of 31 July is a legal requirement. But the return can be completed in a range of formats and we are happy to provide support to those that need help with completing a Return.”