Clause 39 - Corporation tax relief for employee share acquisitions etc

Part of Finance Bill – in a Public Bill Committee am 3:15 pm ar 4 Mehefin 2013.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Brooks Newmark Brooks Newmark Ceidwadwyr, Braintree 3:15, 4 Mehefin 2013

Again, I am listening carefully to the political thrust of the hon. Gentleman’s question. Surely he knows as well as all of us—at least on the Government Benches—that the main beneficiaries of such options are employees in smaller businesses. The clause does not deal with bankers trying to circumvent the system. I am sure he will agree that the beneficiaries of most options are ordinary employees in small businesses with fewer than 10 people.