EU Budget: Contributions

(asked on 17th July 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the UK's financial contribution to the EU in 2017-18.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 21st July 2017

The Office for Budget Responsibility (OBR) produces an independent forecast of both UK gross contributions to the EU and contributions net of EU receipts administered by the UK public sector.

The OBR’s latest forecast, at March 2017, puts the UK’s post-rebate gross contribution to the EU across 2017-18 at £15bn. The UK’s receipts administered via government departments are forecast to be £5.1bn. This figure excludes receipts directly administered by the European Commission, for example science funding, which do not form part of the public finance calculations.

Reticulating Splines