How Muhc Money Does The Uk Send To The Eu

The U.k.'s Eu membership fee

8 July 2019

The UK pays more into the Eu upkeep than it gets back.

In 2018 the UK government paid £13 billion to the Eu budget, and European union spending on the United kingdom was forecast to exist £4 billion. So the UK'south 'net contribution' was estimated at nearly £9 billion.

Each year the UK gets a discount on its contributions to the EU—the 'rebate'—worth virtually £iv billion last year. Without it the UK would have been liable for £17 billion in contributions.

The Britain doesn't pay or "send to Brussels" this higher figure of £17.iv billion, or anything equivalent per week or per day. The rebate is applied straight away (its size is calculated based on the previous year'south contributions), and so the UK never contributes this much.

The Britain's contributions to the budget vary from year to year, and are forecast to grow towards the end of the decade. They've been larger recently than in previous decades.

A membership fee isn't the same as the full economical cost or do good of European union membership.

Being in the Eu costs coin just does information technology also create trade, jobs and investment that are worth more than?

We can exist pretty certain virtually how much cash we put in, but information technology'due south far harder to be certain about how much, if anything, comes back in economic benefits.

£350 million a week doesn't include the rebate

It'south been claimed that we send £350 one thousand thousand a calendar week to the EU. That misses out the rebate, and information technology doesn't represent the full economic costs and benefits of European union membership to the Britain.

£350 million is roughly what nosotros would pay to the Eu budget without the rebate. The Great britain actually paid closer to £250 meg a week.

The UK Statistics Authority has said the European union membership fee figure of £xix billion a yr, or £350 meg a week, is "not an amount of money that the UK pays to the EU each twelvemonth".

Since then, the new chair of the Authority described use of the figure by the Foreign Secretary, Boris Johnson, every bit "a articulate misuse of official statistics".

The Britain gets money back

The government then gets some of that money back, mainly through payments to farmers and for poorer areas of the country such equally Wales and Cornwall.

In 2017, the UK'south 'public sector receipts' are estimated to exist £4.3 billion.

And then overall we paid in £eight.nine billion more than than we got back.

The Treasury figures note payments the EU makes straight to the private sector, such as research grants. In 2016, these were worth an estimated £2.3 billion, and so including them could reduce our net contribution farther still.

The coin we get back volition be spent on things the regime may or may non choose to fund upon leaving the European union. It's not enough to look at the net contribution in isolation because what we get back isn't fully under our command.

Different figures from different sources

The Treasury's European Union Finances release provides the best figures for the UK'south contributions to the European union budget, according to the ONS.

The Treasury and ONS both publish figures on the subject, but they're slightly unlike. The ONS too publishes other figures on contributions to EU institutions which don't include all our payments or receipts, which complicates matters.

The ONS figures ultimately come from the Treasury, and the numbers aren't the same because they categorise and account for the payments differently.

The European Committee is still another source of data which shows lower contributions.

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Source: https://fullfact.org/europe/our-eu-membership-fee-55-million/

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