Anne Main – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Anne Main on 2016-03-17.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the total amount that the UK will contribute to the EU budget in each of the next five years.

Mr David Gauke

The Office for Budget Responsibility (OBR) is responsible for forecasting UK contributions to the EU Budget. Details of the OBR’s latest forecast of UK gross and public sector net contributions to the EU Budget on a financial year basis can be found in Table 2.25 of its Supplementary Fiscal Tables.

The OBR forecast is not directly comparable to the UK contributions set out in the 2015 EU Finances White Paper which averaged £7.1bn over the most recent period (Table 3.B). This is because the OBR’s net contribution to the EU budget does not include receipts that are not administered by UK government bodies and therefore does not reflect all EU transactions with the UK.