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Written question asked by Jonathan Djanogly (Conservative) on Monday, 5 February 2024, in the House of Commons. It was due for an answer on Wednesday, 7 February 2024. It was answered by Nigel Huddleston (Conservative) on Friday, 9 February 2024 on behalf of the Treasury.


Employee Ownership

Question

To ask the Chancellor of the Exchequer, whether he plans to reduce the Share Incentive Plan holding period.

Answer

The Government keeps all tax reliefs, including the Share Incentive Plan (SIP), under review. In June 2023, the Government published a call for evidence on SIP and the other non-discretionary share scheme, Save As You Earn. The government is carefully considering the responses and evidence submitted and will respond in due course. Any tax policy changes would be announced at a fiscal event in the usual way.


Secondary information

Type
Written question
Reference
12938
Session
2023-24
Subjects
Employee ownership
Link
View this Written question on www.parliament.uk