Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merits of increasing the contribution limits for (a) Share Incentive Plans and (b) Save As You Earn in line with inflation.
In 2014 the government doubled the contribution limits for the Share Incentive Plans and Save As You Earn schemes from £250 to £500 per month. There are no current plans to change these limits. The government keeps all areas of the tax system under review.