Written question asked by Jessica Morden (Labour) on Monday, 16 March 2020, in the House of Commons. It was due for an answer on Thursday, 19 March 2020 (named day). It was answered by Jesse Norman (Conservative) on Thursday, 19 March 2020 on behalf of the Treasury.
Employee Ownership
- Question
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To ask the Chancellor of the Exchequer, what plans he has to protect participants in employee share ownership schemes from losing the tax relief they would otherwise be entitled to where a trustee acts in breach of trust; and if he will make a statement.
- Answer
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A breach of trust can occur if a trustee does any act which he ought not to do, or fails to do any act which he ought to do, with regard to the administration of the trust or the beneficial interests arising under the trust.
Beneficiaries that suffer a loss as a result of a breach of trust should consider action against the trustees.
Secondary information
- Type
- Written question
- Reference
- 29950
- Session
- 2019-21
- Related items
- Subjects
- Tax allowances Trusts Employee ownership
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-25 13:57:19 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2019-21/29950
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