Statement made by
My right honourable friend the Financial Secretary to the Treasury (Jesse Norman) has today made the following Written Ministerial Statement.
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.
This statement has also been made in the House of Commons