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1260275

registered interest
date	10/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will include tax exemptions relating to employee share schemes in the consultation on the Finance Bill 2021.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	128176
answer	answer is ministerial correction date of answer 15/12/2020 answer text <p>The Government offers four tax-advantaged employee share schemes: Share Incentive Plans (SIPs), the Save As You Earn (SAYE) scheme, Enterprise Management Incentives (EMI), and the Company Share Option Plan (CSOP).</p><p> </p><p>The schemes enable employers to share financial rewards with staff, with both receiving tax benefits. This is ultimately intended to support recruitment and retention and help encourage employee productivity.</p><p> </p><p>There are no current plans to change these schemes at the 2021 Finance Bill. The Government keeps all of the employee share schemes under review.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/12/2020 10:54:53 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1260276

registered interest
date	10/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Roadchef: Employee Benefit Trusts
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what representations he has received on the potential merits of introducing legislation to resolve the dispute between HMRC and the trustee and beneficiaries of the Roadchef Employee Benefits Trust.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	128177
answer	answer is ministerial correction date of answer 15/12/2020 answer text <p>The administration of the tax system is a matter for HM Revenue and Customs and it would not be appropriate for Treasury ministers to become involved in the administration of the tax system in specific cases.</p><p>The Chancellor has received representations from some Members of Parliament on introducing legislation to resolve the Roadchef dispute.</p><p>The Government keeps all tax legislation under regular review and any changes are considered in line with Government priorities.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 15/12/2020 10:44:35 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1260277

registered interest
date	10/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans he has to introduce legislative proposals to improve the regulation of the actions of trustees of employee share schemes.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	128178
answer	answer is ministerial correction date of answer 15/12/2020 answer text <p>The Government keeps all tax legislation under regular review and any changes are considered in line with its priorities. The Government does not plan to introduce legislation at this time to regulate the actions of trustees of employee share schemes.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 128179 128180 question first answered 15/12/2020 10:48:40 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1260278

registered interest
date	10/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what plans h​e has to introduce legislative proposals to protect potential beneficiaries of employee share schemes from that scheme being plundered by trustees.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	128179
answer	answer is ministerial correction date of answer 15/12/2020 answer text <p>The Government keeps all tax legislation under regular review and any changes are considered in line with its priorities. The Government does not plan to introduce legislation at this time to regulate the actions of trustees of employee share schemes.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 128178 128180 question first answered 15/12/2020 10:48:40 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1260279

registered interest
date	10/12/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, if he will establish an inquiry into the HMRC's administration of tax exemptions relating to employee share schemes.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	128180
answer	answer is ministerial correction date of answer 15/12/2020 answer text <p>The Government keeps all tax legislation under regular review and any changes are considered in line with its priorities. The Government does not plan to introduce legislation at this time to regulate the actions of trustees of employee share schemes.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 128178 128179 question first answered 15/12/2020 10:48:40 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1254490

registered interest
date	23/11/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership and Save as You Earn: Scotland
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, how many people in (a) Scotland and (b) Airdrie and Shotts constituency participated in the (a) save as you earn scheme and (b) share incentive plan in each of the last three years for which figures are available.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	119249
answer	answer is ministerial correction date of answer 26/11/2020 answer text <p>The Save As You Earn (SAYE) and Share Incentive Plan (SIP) schemes are tax-advantaged employee share schemes offered by the Government.</p><p>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:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Value of gain on exercised options (£m)</p></td></tr><tr><td><p>2018/19</p></td><td><p>420</p></td></tr><tr><td><p>2017/18</p></td><td><p>350</p></td></tr><tr><td><p>2016/17</p></td><td><p>360</p></td></tr></tbody></table><p> </p><p>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.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 119250 119251 question first answered 26/11/2020 11:04:27 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1254491

registered interest
date	23/11/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Save as You Earn
house id	1
legislature	25259 pref label House of Commons
question text	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.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	119250
answer	answer is ministerial correction date of answer 26/11/2020 answer text <p>The Save As You Earn (SAYE) and Share Incentive Plan (SIP) schemes are tax-advantaged employee share schemes offered by the Government.</p><p>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:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Value of gain on exercised options (£m)</p></td></tr><tr><td><p>2018/19</p></td><td><p>420</p></td></tr><tr><td><p>2017/18</p></td><td><p>350</p></td></tr><tr><td><p>2016/17</p></td><td><p>360</p></td></tr></tbody></table><p> </p><p>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.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 119249 119251 question first answered 26/11/2020 11:04:27 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1254492

registered interest
date	23/11/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Employee Ownership and Save as You Earn
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what assessment he has made of the average contribution of (a) save as you earn and (b) share incentive plan schemes to the lifetime savings of people that use those schemes.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	119251
answer	answer is ministerial correction date of answer 26/11/2020 answer text <p>The Save As You Earn (SAYE) and Share Incentive Plan (SIP) schemes are tax-advantaged employee share schemes offered by the Government.</p><p>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:</p><p> </p><table><tbody><tr><td><p>Year</p></td><td><p>Value of gain on exercised options (£m)</p></td></tr><tr><td><p>2018/19</p></td><td><p>420</p></td></tr><tr><td><p>2017/18</p></td><td><p>350</p></td></tr><tr><td><p>2016/17</p></td><td><p>360</p></td></tr></tbody></table><p> </p><p>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.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman grouped question UIN 119249 119250 question first answered 26/11/2020 11:04:27 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1244483

registered interest
date	19/10/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Test and Trace Support Payment
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, whether he plans to exempt the covid-19 self isolation grant from income tax.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	105379
answer	answer is ministerial correction date of answer 22/10/2020 answer text <p>The UK Government introduced the Test and Trace Support Payment scheme in England to support those on low incomes who cannot work from home and are therefore financially affected by self-isolating.</p><p> </p><p>As these payments – and payments from equivalent schemes in the devolved administrations – are linked to employment, the legislative default is that these payments are subject to income tax and National Insurance Contributions. This is in line with the tax treatment of other COVID-19 support payments, such as the Self-Employment Income Support Scheme and the Coronavirus Job Retention Scheme.</p><p> </p><p>However, the UK Government has granted the Test and Trace Support Payment in England an exemption from National Insurance Contributions in order to reduce the administrative burden on both local authorities and employers. The Government is working with the devolved administrations to extend this National Insurance Contributions exemption to their equivalent schemes.</p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 22/10/2020 10:23:24 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray

1221253

registered interest
date	07/07/2020
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Roadchef: Employee Benefit Trusts
house id	1
legislature	25259 pref label House of Commons
question text	If he will bring forward legislative proposals to include the Roadchef Employee Benefits Trust in the schedule of tax free employee benefit schemes administered by HMRC.
tabling member constituency	Airdrie and Shotts
tabling member printed	Neil Gray
uin	904399
answer	answer is ministerial correction date of answer 07/07/2020 answer text <p>The administration of the tax system is a matter for HM Revenue and Customs, who have indicated that they are in dialogue with the taxpayer. It would not be appropriate for Treasury ministers to become involved in the administration of the tax system in specific cases.</p><p><em> </em></p><p>The Government keeps all tax legislation under regular review and any changes are considered in line with Government priorities.</p><p> </p> answering member constituency Hereford and South Herefordshire answering member printed Jesse Norman question first answered 07/07/2020 14:01:26 answering member 3991 label Biography information for Jesse Norman
tabling member	4365 label Biography information for Neil Gray