Question to the HM Treasury:

To ask Her Majesty's Government what financial contributions they made during the transition period of the UK's departure from the EU; and what financial commitments they have made to the EU for future years.

As was set out in HM Treasury’s latest EU Finances Statement, the Government’s latest forecast of the total net cost of the financial settlement reached with the EU under the Withdrawal Agreement is £30.2 billion. Of this, £8.1 billion corresponds to payments made before the end of 2020, and £22.1 billion corresponds to payments to be made after that date.

The Government has also committed to making a financial contribution to fund its participation in certain EU programmes in the future under the Trade and Cooperation Agreement. The ultimate cost of this commitment will be determined by factors including the Gross Domestic Product of the UK and EU Member States, and finalised EU budgets for the programmes in question.