House of Commons · Written Ministerial Statement
Contingencies Fund Advance
28 September 2020 · Treasury
Proposed by Jesse Norman Con Hereford and South Herefordshire
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The statement addresses the need for additional funding for HM Revenue and Customs due to the COVID-19 pandemic.
- A 100 million repayable cash advance from the Contingencies Fund is proposed to meet urgent expenditure.
- Further requests for funding may be made as necessary based on OBR forecasts.
Issue summary
The statement addresses the need for additional funding for HM Revenue and Customs in response to the COVID-19 pandemic.
Action requested
Pending parliamentary approval, urgent expenditure will be met through a £100 million repayable cash advance from the Contingencies Fund. Further requests may be made as necessary based on OBR forecasts.
Key facts
- HM Revenue and Customs requires additional resources for the pandemic response.
- Parliamentary approval is sought for an additional £100,000,000 in a Supplementary Estimate.
- A repayable cash advance of £100,000,000 will be made from the Contingencies Fund pending parliamentary approval.
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