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 Lords