{"value":{"id":1231041,"memberId":4689,"member":null,"memberRole":"Minister of State","uin":"HLWS431","dateMade":"2020-09-03T00:00:00","answeringBodyId":14,"answeringBodyName":"Treasury","title":"Contingencies Fund Advance","text":"<p>My right honourable friend the Financial Secretary to the Treasury (Jesse Norman) has today made the following Written Ministerial Statement.</p><p>HM Revenue and Customs will incur new expenditure in connection with the government’s response to the Covid-19 pandemic in 2020-21.</p><p> </p><p>Parliamentary approval for additional resources of £900,000,000 for this new expenditure will be sought in a Supplementary Estimate for HM Revenue and Customs. Pending that approval, urgent expenditure estimated at £900,000,000 will be met by repayable cash advances from the Contingencies Fund.</p><p> </p><p>Parliamentary approval for additional resources of £14,100,000,000 will be sought in the Supplementary Estimate for HM Revenue and Customs. Pending that approval, urgent expenditure estimated at £14,100,000,000 will be met by repayable cash advances from the Contingencies Fund.</p><p> </p><p>In line with the latest OBR forecasts, further requests to the Contingencies Fund may be made as necessary to fund Covid-19 activity delivered by Her Majesty’s Revenue and Customs.</p><p> </p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1231024,"linkType":"JointStatement","linkDate":"2020-09-03T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1231041","method":"GET"}]}