Asset Recovery Incentivisation Scheme

Home Office written question – answered at on 16 May 2024.

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Photo of Ben Bradshaw Ben Bradshaw Labour, Exeter

To ask the Secretary of State for the Home Department, how much has accrued to the Exchequer from money recovered by public bodies using powers under the Proceeds of Crime Act 2002 through (a) unspent asset recovery incentivisation scheme receipts and (b) receipts above the annual cap on Home Office receipts through the asset recovery incentivisation scheme in each financial year from 2017-18 to 2022-23.

Photo of Thomas Tugendhat Thomas Tugendhat Minister of State (Home Office) (Security)

(A) It is the responsibility of individual agencies participating in the Asset Recovery Incentivisation Scheme to send any unspent funds back to HMT directly, who hold this information.

(B) Table 1 provides the amount of receipts above the ARIS cap for each financial year from 2017/18 to 2022/23. Receipts that surpass the cap are sent from the Home Office to HM Treasury and go into the Consolidated Fund.

Table 1: Receipts above the ARIS cap, financial years 2017/18 to 2022/23

Financial Year

Value of receipts that are above the ARIS cap (1,2)

2017/18

£0

2018/19

£0

2019/20

£0

2020/21

£0

2021/22

£62m

2022/23

£30m

Notes

  1. Figures are not adjusted for inflation.

Figures are based on funds remitted to HM Treasury.

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