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Written question asked by David Drew (Labour) on Friday, 1 December 2017, in the House of Commons. It was due for an answer on Tuesday, 5 December 2017. It was answered by Mel Stride (Conservative) on Monday, 11 December 2017 on behalf of the Treasury.


Employee Ownership: Charitable Donations

Question

To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of the introduction of a tax exemption on residential cash balances for Share Incentive Plans donated to charities when an employee exits a scheme.

Answer

Share Incentive Plans provide companies with flexibility to meet their business needs regarding employee ownership. The Government continues to keep employee share schemes policy under review.


Secondary information

Type
Written question
Reference
117053
Session
2017-19
Subjects
Charitable donations Exemptions Taxation Employee ownership
Link
View this Written question on www.parliament.uk