Employee Ownership: Taxation
(asked on 30th November 2017) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, whether he plans to bring forward proposals for a de minimis tax exemption on residual cash balances held in the Share Incentive Plans of employees who terminate participation in such schemes.
This question was answered on 8th December 2017
Share Incentive Plans provide companies with flexibility to meet their business needs regarding employee ownership. The Government continues to keep employee share schemes policy under review.