Commons Sense

House of Commons · Written Ministerial Statement

Contingencies Fund Advance

25 November 2020 · Treasury

Proposed by Jesse Norman Con Hereford and South Herefordshire

EconomyParliamentary ProcedureTaxation

Summarised by AI from the official record, so it can contain mistakes.

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At a glance

Key points

  • Parliamentary approval sought for HM Revenue and Customs to receive additional resources due to the COVID-19 pandemic.
  • Urgent expenditure of 21,715,000,000 will be covered by repayable cash advances from the Contingencies Fund.
  • Further requests for funding may be made based on Office for Budget Responsibility forecasts.

Issue summary

The statement discusses parliamentary approval for additional resources for HM Revenue and Customs in response to the COVID-19 pandemic.

Action requested

Pending parliamentary approval, urgent expenditure of £21,715,000,000 will be met by repayable cash advances from the Contingencies Fund. Further requests may be made as necessary based on OBR forecasts.

Key facts

  • Parliamentary approval for additional resources of £21,715,000,000 for HM Revenue and Customs.
  • Urgent expenditure estimated at £21,715,000,000 will be met by repayable cash advances from the Contingencies Fund pending parliamentary approval.
  • Further requests to the Contingencies Fund may be made as necessary to fund Covid-19 activity delivered by HM Revenue and Customs.
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