Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value was of shares issued through Share Incentive Plans by (a) partnership, (b) matching (c) free and (d) dividend shares in each of the last five years.

Share Incentive Plans (SIPs) is a tax-advantaged employee share scheme offered by the Government.

HMRC publishes annual statistics on Employee Share Schemes, including the value of shares, which are available here: https://www.gov.uk/government/collections/employee-share-schemes-statistics#national-statistics

The table below shows the value of awarded shares for the last four years by type of share. Figures for 2014-15 are not available due to the introduction of the Employment Related Securities service.

Table 1- Initial value of SIP shares by share type (£m)