Intestacy

(asked on 28th March 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much revenue his Department has derived from Bona Vacantia in each of the last five years.


Answered by
John Glen Portrait
John Glen
This question was answered on 4th April 2022

Every year, Her Majesty’s Treasury receives revenue derived from Bona Vacantia in England and Wales. Including the current year to February 2022, the total amount of revenue transferred to HM Treasury’s Consolidated Fund account over the last five financial years is £292 million.

Revenue over the past five years is broken down by year below:

Year[1]

Income (£m)

2022

82

2021

38

2020

67

2019

55

2018

50

[1] Transfer of funds to the Consolidated Fund happens in February each year and is based on figures as of the end of January for the preceding 12 months. The Bona Vacantia team publishes its accounts on the relevant webpage: https://www.gov.uk/government/organisations/bona-vacantia

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