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Written Question
Employee Ownership
Tuesday 24th February 2015

Asked by: Lord Stevenson of Balmacara (Labour - Life peer)

Question to the HM Treasury:

To ask Her Majesty’s Government how many British companies have agreed share valuation with HM Revenue and Customs in connection with the award of shares to employees under Employee Shareholder Status; and how many of those have also registered with HM Revenue and Customs a Share Incentive Plan or a Save as You Earn share scheme.

Answered by Lord Deighton

HM Revenue and Customs have agreed more than 350 share valuations with British companies in connection with the employee shareholder status. HMRC is not aware that any Share Incentive Plan or Save as You Earn option scheme is being operated by any of those companies.