EU Budget: Contributions

HM Treasury written question – answered on 7th January 2016.

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Photo of Lord Kilclooney Lord Kilclooney Crossbench

To ask Her Majesty’s Government what was the total payment made by the UK to the EU in 2014, and what was the total payment by the EU to the UK agricultural industry in that year.

Photo of Lord O'Neill of Gatley Lord O'Neill of Gatley The Commercial Secretary to the Treasury

The UK’s net contribution to the EU Budget in 2014 was £5.71 billion. This is the UK’s total contribution to the EU, reduced by the cash rebate and the money the UK receives from EU funded programmes.

The total receipts to the UK agricultural industry from the EU were £3.16 billion in 2014. Under this, £2.60 billion was for European Agricultural Guarantee Fund (EAGF) (CAP pillar 1) and £0.60 billion for European Agricultural Fund for Rural Development (EAFRD) (CAP pillar 2).

These figures are available publicly in HM Treasury’s EU Finances 2015.

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