Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether he plans to reduce the Share Incentive Plan holding period.
The Government keeps all tax reliefs, including the Share Incentive Plan (SIP), under review. In June 2023, the Government published a call for evidence on SIP and the other non-discretionary share scheme, Save As You Earn. The government is carefully considering the responses and evidence submitted and will respond in due course. Any tax policy changes would be announced at a fiscal event in the usual way.