Overview:
collects detailed product breakdown on capital expenditure
provides information on the products which are sub-components of gross fixed capital formation (GFCF) assets
the Annual Acquisitions and Disposals of Capital Assets Survey (ACAS) is the new name for the Survey into Business Spending on Capital Items (Business Spend)
Capital assets (or fixed assets) are assets produced as outputs from processes of production that are themselves used repeatedly, or continuously, in processes of production for more than one year.
Changes to the Annual Business Survey, the Quarterly Survey of Capital Expenditure and the Survey into Business Spending on Capital Items, in 2015 explains the reasons for renaming and increasing the number of questions asked on the ACAS.
The expanded survey includes more detailed breakdown of machinery and equipment and intellectual property, as well as splitting up investment into computer software and databases.
The data from this survey are currently not published. Results from the survey are needed to more accurately deflate the Quarterly Acquisitions and Disposals of Capital Assets Survey (QCAS).
ACAS data provide essential information for the UK National Accounts and feeds into the compilation of GFCF which is a major component of the expenditure measure of UK GDP.