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Restricted Share Awards

Volume 474: debated on Wednesday 26 March 2008

To ask the Chancellor of the Exchequer what his policy is on the payment of bonuses through restricted share awards. (196286)

It is for employers to decide how and how much their employees are paid in the light of what is necessary to recruit, retain and motivate labour in the market conditions in which they operate. Government policy is to ensure that all employers and employees pay the proper amount of tax and national insurance contributions on these rewards of employment, however these rewards are delivered.