Contingencies Fund Advance

Monday 27th April 2020 Written Statements

[The Financial Secretary to the Treasury (Jesse Norman)]

HM Revenue and Customs will incur new expenditure in connection with the Government’s response to the coronavirus covid-19 pandemic in 2020-21.

Parliamentary approval for additional resources of £42,000,000,000 for this new expenditure will be sought in the main estimate 2020-21 for HM Revenue and Customs. Pending that approval, urgent expenditure estimated at £42,000,000,000 will be met by repayable cash advances from the Contingencies Fund.

[HCWS201]