Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the average (a) value of savings held in save as you earn schemes is at the point that the options are exercised and (b) growth in value of save as you earn schemes at the point of maturity in (i) England, (ii) Scotland and (iii) Wales.
The Save As You Earn (SAYE) and Share Incentive Plan (SIP) schemes are tax-advantaged employee share schemes offered by the Government.
On point (b) of UIN 119250, the value of gain for the whole of the UK for SAYE schemes is provided in the Employee Share Scheme national statistics. A breakdown by country could only be provided at a disproportionate cost. The data for the past three years (whole UK) is provided in the table below:
Year | Value of gain on exercised options (£m) |
2018/19 | 420 |
2017/18 | 350 |
2016/17 | 360 |
On UIN 119249, point (a) of UIN 119250, and UIN 119251, the information requested is not readily available and would require analysis of multiple data sources and therefore could only be provided at a disproportionate cost.