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Contingencies Fund Advance

27 April 2020

Proposing MP
Hereford and South Herefordshire
Type
Written Ministerial Statement
Department
Treasury

At a Glance

Issue Summary

HM Revenue and Customs requires additional resources due to the coronavirus pandemic response.

Action Requested

Parliamentary approval is sought for an additional £42,000,000,000 in Main Estimate 2020-21 for HMRC pending formal approval, with urgent needs met through a repayable advance from the Contingencies Fund.

Key Facts

  • Additional resources of £42,000,000,000 are needed for HM Revenue and Customs.
  • The funding will be sought in the Main Estimate 2020-21.
  • Urgent needs are to be met through a repayable advance from the Contingencies Fund.
Assessment & feedback
Summary accuracy