Note on revisions to National Statistics for Employee Share Schemes 2009

Some revisions have been made to historical statistics previously published in Enterprise Management Incentives (EMI) and Share Incentive Plan (SIP) tables.

In the EMI table the revisions are due to EMI data updates and alignment of previous data rounding. Changes have been made to both the estimated number of companies that granted options and the number of employees to whom options were granted, going back to 2000-01 when the EMI scheme was introduced. Other small revisions have been in the numbers of employees exercising options during the same period. Estimates of costs of Income Tax and National Insurance contributions reliefs have also been revised.

A correction of the previous year’s SIP data resulted in the upward revision of estimates for Income Tax and National Insurance contributions (NICs) reliefs for 2006-07 by £20 million each, to £200 million and £140 million, respectively.

July 2009