Written question asked by Baroness Ritchie of Downpatrick (Labour) on Friday, 25 April 2025, in the House of Lords. It was due for an answer on Monday, 12 May 2025. It was answered by Lord Livermore (Labour) on Tuesday, 6 May 2025 on behalf of the Treasury.
Employee Ownership and Save As You Earn: Reform
- Question
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To ask His Majesty's Government what plans they have to reform 'save as you earn' and 'share incentive' plans.
- Answer
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The Government fully understands the importance of enabling employees to share in the fruits of a company’s success, and for businesses to reward and retain employees effectively. The UK share schemes are popular, generous and world leading.
A call for evidence on Save As You Earn (SAYE) and the Share Incentive Plan (SIP) ran from June to August 2023. It sought views on whether the schemes are meeting their policy objectives and opportunities to improve and simplify them.
The Government is considering the responses to the call for evidence, and is grateful to those who took the time to respond.
Secondary information
- Type
- Written question
- Reference
- HL6899
- Session
- 2024-26
- Subjects
- Reform Save as you earn Employee ownership
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 22:16:34 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL6899
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL6899
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2024-25/HL6899