Written question asked by Mike O'Brien (Labour) on Thursday, 18 October 2001, in the House of Commons. It was due for an answer on Thursday, 25 October 2001. It was answered by Andrew Smith (Labour) on Thursday, 25 October 2001 on behalf of the Treasury.

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Treasury

Question

To ask Mr Chancellor of the Exchequer, if he will introduce proposals to use the tax system to control very large salary increases for corporate directors and managers; and if he will make a statement; if he will introduce proposals to restrict the ability of a corporation to deduct as a business expense an increase in the salary of a director or manager which is not approved by shareholders.

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Secondary information

Type

Written question

Reference

373 c374W; 9735;9736

Session

2001-02

Subjects

Directors Increases Pay Managers Tax allowances Taxation

Link

View this Written question on www.publications.parliament.uk