§ Mr. Terry Davisasked the Chancellor of the Exchequer how many savings-related share option schemes have been set up in each year since the passage 188W of the Finance Act 1980; and how many' employees are covered by the savings-related share option schemes set up in each year.
§ Mr. Moore[pursuant to his reply, 19 May 1986, c. 91]: The information requested in as follows:
Tax Year Finance Act 1980 Schemes approved Number of directors and employees granted options under all approved Finance Act 1980 schemes 1980–81* 22 10,600 1981–82 115 88,600 1982–83 78 95,000 1983–84 73 105,000 1984–85 115 ‡245,000 1985–86 111 n/a 1986–87† 9 n/a 523 * The stan date for the schemes was 15 November 1980. † Up to 30 April. ‡ Provisional estimate. ║ The number of employees benefiting under approved savings-related share option schemes to date cannot be calculated by aggregating the annual totals since the same employee may be granted options in successive years. n/a Figures not yet available.
§ Mr. Terry Davisasked the Chancellor of the Exchequer how many approved share option schemes have been set up in each year since the passage of the Finance Act 1984; and how many employees are covered by the approved share option schemes set up in each year.
§ Mr. Moore[pursuant to his reply, 19 May 1986, c. 91]: The information requested is as follows:
Tax year Finance Act 1984 Schemes approved Number of directors and employees granted options under all approved Finance Act 1984 schemes 1984–85 202 †65.000 1985–86 1.251 n/a 1986–87* 75 n/a 1,528 * To 30 April. † Provisional estimate. The figure includes options granted in 1984–85 under 907 schemes submitted to the Inland Revenue for approval on or before 31 December 1984. Such schemes were able (by virtue of paragraph 1(5) of Schedule 10 to the Finance Act 1984) to grant options in advance of formal approval and in many cases approval was not received until the next year. n/a Figures not yet available.