Asset Recovery Incentivisation Scheme

(asked on 8th May 2024) - View Source

Question to the Home Office:

To ask the Secretary of State for the Home Department, how much has accrued to the Exchequer from money recovered by public bodies using powers under the Proceeds of Crime Act 2002 through (a) unspent asset recovery incentivisation scheme receipts and (b) receipts above the annual cap on Home Office receipts through the asset recovery incentivisation scheme in each financial year from 2017-18 to 2022-23.


Answered by
Tom Tugendhat Portrait
Tom Tugendhat
Shadow Minister (Home Office) (Security)
This question was answered on 16th May 2024

(A) It is the responsibility of individual agencies participating in the Asset Recovery Incentivisation Scheme to send any unspent funds back to HMT directly, who hold this information.

(B) Table 1 provides the amount of receipts above the ARIS cap for each financial year from 2017/18 to 2022/23. Receipts that surpass the cap are sent from the Home Office to HM Treasury and go into the Consolidated Fund.

Table 1: Receipts above the ARIS cap, financial years 2017/18 to 2022/23

Financial Year

Value of receipts that are above the ARIS cap (1,2)

2017/18

£0

2018/19

£0

2019/20

£0

2020/21

£0

2021/22

£62m

2022/23

£30m

Notes

  1. Figures are not adjusted for inflation.

Figures are based on funds remitted to HM Treasury.

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