§ 16. Mr. Kenneth Carlisle
asked the Chancellor of the Exchequer how many companies have introduced profit-sharing schemes under the provisions of the Finance Act 1980.
§ Mr. Bruce-Gardyne
Since April 1980, 346 employee share schemes have been approved by the Inland Revenue. This total includes both profit sharing schemes and savings-related share option schemes approved under the provisions of the Finance Act 1980.