European Community Budget

HC Deb 16 December 1976 vol 922 c853W

Mr. Jay

asked the Chancellor of the Exchequer what is his estimate of the United Kingdom's gross and net contribution to the EEC budget in the present financial year.

Mr. Joel Barnett

Estimates of contributions to and receipts from the Community Budget for 1976–77 were published in the White Paper "Public Expenditure to 1979–80" (Cmnd. 6393). They are as follows:

			£ million
Gross contribution	…	…	480
Receipts	…	…	310
Net contribution	…	…	170