Employee Ownership: Sharing Economy

(asked on 15th November 2021) - View Source

Question to the HM Treasury:

To ask Her Majesty's Government what consideration, if any, they have given to creating a new category of tax advantaged share scheme, analogous to the existing employee share ownership schemes, for which people in the gig economy would be eligible.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 26th November 2021

The government is not considering creating a new tax-advantaged share scheme for self-employed contractors.

The purpose of all the existing schemes is to encourage employee share ownership and support employers' efforts to foster a more enterprising and productive relationship with their employees.

Where companies employ staff directly, they may offer tax-advantaged options to their employees through one of the existing schemes.

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