asked the Chancellor of the Exchequer, in relation to approved profit sharing schemes under the Finance Act 1978, what would be the estimated cost of the tax reliefs in the financial year 1979–80 if the retention period was reduced to three years, and income tax was charged at 50 per cent. of the original value of the shares between three and four years, at 25 per cent. between four and five years, with no tax payable after five years.

I shall let my hon. Friend have a reply as soon as possible.

asked the Chancellor of the Exchequer, in relation to the approved profit sharing schemes under the Finance Act 1978, what would be the estimated cost of the tax reliefs in the financial year 1979–80 if the retention period was reduced to one year, and income tax was charged at 50 per cent. of the original value of the shares between one and two years, at 25 per cent. between two and three years, with no tax payable after three years.

I shall let my hon. Friend have a reply as soon as possible.

asked the Chancellor of the Exchequer, in relation to the approved profit sharing schemes under the Finance Act 1978, what would be the estimated cost of the tax reliefs in the financial year 1979–80 if the maximum value of shares appropriated to each employee was raised to £1,000 in any one tax year.

I shall let my hon. Friend have a reply as soon as possible.

asked the Chancellor of the Exchequer what is the estimated cost of the tax reliefs in the financial year 1979–80 arising from the operation of the approved profit sharing schemes under the Finance Act 1978.

I shall let my hon. Friend have a reply as soon as possible.

asked the Chancellor of the Exchequer what has been the cost to the Revenue to date of the profit sharing schemes so far approved under the Finance Act 1978.

I shall let my hon. Friend have a reply as soon as possible.