§ 19. Mr. Kenneth Carlisle
asked the Chancellor of the Exchequer how many employee profit-sharing share schemes the Inland Revenue has approved.
§ Mr. Ridley
At 31 January 533 employee share schemes had been approved by the Inland Revenue. This total is made up of 333 profit-sharing schemes approved under the provisions of the Finance Act 1978 and 200 savings-related share option schemes approved under the provisions of the Finance Act 1980.