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Contingencies Fund Advance

Statement made on 28 September 2020

Statement UIN HCWS471

Statement

HM Revenue and Customs will incur new expenditure in connection with the government’s response to the Covid-19 pandemic in 2020-21

Parliamentary approval for additional resources of £100,000,000 for this new expenditure will be sought in a Supplementary Estimate for HM Revenue and Customs. Pending that approval, urgent expenditure estimated at £100,000,000 will be met by repayable cash advances from the Contingencies Fund.

In line with the OBR forecasts, further requests to the Contingencies Fund may be made as necessary to fund Covid-19 activity delivered by Her Majesty’s Revenue and Customs.

Statement from

Treasury

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This statement has also been made in the House of Lords

Treasury
Contingencies Fund Advance
Lord Agnew of Oulton
Minister of State
Conservative, Life peer
Statement made 28 September 2020
HLWS467
Lords