HC Deb 11 December 1979 vol 975 cc570-1W
Mr. Marlow

asked the Chancellor of the Exchequer what are the estimated amounts of United Kingdom gross contributions to the EEC for each of the years 1980–81, 1981–82 and 1982–83 by source of funds: percentage value added tax, customs duties, agricultural levies, and so on.

Mr. Lawson

The United Kingdom gross contribution to the EEC in 1980–81 is expected to be about £2,000 million at 1979 survey prices, but this will be partially offset by receipts. On present trends it will continue to increase in subsequent years. The EEC financial year coincides with the calendar year and forecasts of levies, duties and value added tax are only available on this basis. In calendar year 1980 the United Kingdom gross contribution is expected to be about £1,900 million, of which 12.6 per cent. is expected to be financed from agricultural levies, 46.4 per cent. from customs duties, and 41.0 per cent. from value added tax contribution.

Mr. Knox

asked the Chancellor of the Exchequer what Great Britain's net contribution has been to the EEC in each year since 1973 at January 1973 prices.

Mr. Lawson

The information requested is as follows:

U.K. NET CONTRIBUTIONS TO THE EEC
£ million (January 1973 prices)
1973 94.9
1974 22.5
1975 -34.1
1976 85.2
1977 162.7
1978 324.9