HMRC: Contingencies Fund Advance

Wednesday 28th April 2021 Written Statements

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

Her Majesty’s Revenue and Customs will incur new expenditure in connection with the Government’s response to the covid-19 pandemic in 2021-22.

Parliamentary approval for additional resources of £7,792,000,000 for this new expenditure will be sought in a main estimate for Her Majesty’s Revenue and Customs.

Pending that approval, urgent expenditure estimated at £7,792,000,000 will be met by repayable cash advances from the Contingencies Fund.

Further requests to the Contingencies Fund may be made as necessary to fund covid-19 activity delivered by Her Majesty’s Revenue and Customs.

[HCWS945]