EU Budget: Contributions

(asked on 3rd November 2014) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government what is the total amount of the United Kingdom net contributions paid to the European Union budget in the years 2010–13 inclusive; what is the estimated total for 2014; and how those contributions are financed.


Answered by
Lord Deighton Portrait
Lord Deighton
This question was answered on 17th November 2014

The United Kingdom’s net contributions to the EU Budget over the period 2009-10 to 2013-14 were £41.1 billion. The current forecast for 2014-15 by the Office for Budget Responsibility is £9.1 billion.

All data can be found in Table C.1 of HM Treasury’s Public Expenditure Statistical Analyses of July 2014[1].

Contributions to the EU Budget are financed from Traditional Own Resources (mainly customs duties and sugar levies), contributions based on a hypothetical harmonised VAT base, and Gross National Income based contributions.

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[1] https://www.gov.uk/government/statistics/public-expenditure-statistical-analyses-2014

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