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Contingencies Fund Advance

Volume 676: debated on Wednesday 3 June 2020

HM Revenue and Customs will incur new expenditure in connection with the Government’s response to the coronavirus covid-19 pandemic in 2020-21.

Parliamentary approval for additional resources of £10,000,000,000 for this new expenditure will be sought in the main estimate 2020-21 for HM Revenue and Customs. Pending that approval, urgent expenditure estimated at £10,000,000,000 will be met by repayable cash advances from the Contingencies Fund.