EU Budget: Contributions
The question
To ask the Chancellor of the Exchequer, how much from the public purse the UK provided to the EU for any purpose in financial years (a) 2019-20, (b) 2020-21, (c) 2021-22, (d) 2022-23 and (e) 2023-24.
Answered by Darren Jones
As part of the Withdrawal Agreement, the UK agreed the Financial Settlement with the EU. This provides a methodology for settling pre-existing UK financial obligations and is not a fixed amount.
The European Union Finances Statement 2023 sets out HM Treasury’s estimates of the size of these obligations in more detail. As at 31st December 2023, the UK is estimated to have paid £23.8bn in net liabilities under the agreement since February 2020. HM Treasury will provide updated figures for 2024 in the next annual statement, expected in Spring 2025.
Other payments to the EU, such as those under the Trade and Cooperation Agreement, are reported in departments' annual accounts and normal budgetary disclosures.
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