Lord Pearson of Rannoch – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Pearson of Rannoch on 2016-04-26.

To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 25 April (HL7458), what is their estimate of the UK’s (1) gross, and (2) net, contributions to the EU for 2015.

Lord O’Neill of Gatley

Full year outturns for 2010-14 are available in table 3.B of European Union Finances 2015 (Cm 9167) which is available in the Library of the House and on gov.uk. No estimates of the UK’s total net contribution in 2015 are currently available, since these are not forecast.

For the purposes of producing a fiscal forecast, the Office for Budget Responsibility (OBR) forecasts both UK gross contributions to the EU and contributions net of EU receipts administered by the UK public sector. These do not represent an estimate of the UK’s total net contributions since they exclude receipts directly administered by the European Commission, which means the net contribution appears higher than is actually the case. Therefore, they are not directly comparable with the data for 2013 and 2014 set out in table 3.B European Union Finances 2015, provided in Written Answer HL7458. Details of the OBR forecast can be found at table 3.A of European Union Finances 2015, and the differences between the figures in tables 3.A and the total net contributions set out in 3.B are explained fully in Annex B of both European Union Finances 2015 and HM Treasury analysis: the long-term economic impact of EU membership and the alternatives.