§ Mr. Mike O'BrienTo ask the Chancellor of the Exchequer what evaluation his Department has undertaken of profit-related pay schemes during the last two years; and what is his evaluation of the success of the scheme in achieving the objectives intended for it. [8309]
§ Mr. JackAn independent survey of the tax relief for profit-related pay was commissioned by the Inland Revenue, the Department of Employment and the Treasury and was published in May 1995. The survey suggested that tax relief had stimulated significant additional take-up of profit-related pay.
United Kingdom (seasonally adjusted) June of each year Population1 Thousands Workforce in employment2 Thousands Unemployed (claimant count) Thousands Workforce in employment as a percentage of the population1 Percentage 1971 32,548 24,661 859 76 1972 32,558 24,636 727 76 1973 32,580 25,209 534 77 1974 32,583 25,280 513 78 1975 32,626 25,183 780 77 1976 32,757 24,946 1,095 76 1977 32,945 24,970 1,159 76 1978 33,173 25,115 1,150 76 1979 33,436 25,492 1,067 76 1980 33,607 25,445 1,274 76