Public Finance: Brexit
The question
To ask the Chancellor of the Exchequer, pursuant to the Answer of 22 January 2025 to Question 23883, on Public Finance: Brexit, if she will make a comparative estimate of the net difference between the two invoices from the European Union relating to the Financial Settlement under the Withdrawal Agreement and the annual payments when the United Kingdom was a member of the European Union.
Answered by Darren Jones
It is not possible to meaningfully compare the net payments under the Financial Settlement and the UK's financial contributions during its time as a Member State poses substantial analytical issues. The former relates to historic liabilities of and receipts due to the UK, while payments to the EU budget cover participation in the EU’s ongoing activities.
The UK’s contributions and receipts to and from the EU as a Member State, as well as those made under the Financial Settlement are detailed in the annual European Union Finances Statement (available in the library of the House and on Gov.uk).
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