EU membership fee before Brexit22 May 2025 23:50
Before Brexit, the UK's annual contribution to the EU budget was a complex calculation that involved a "gross contribution" and a "rebate". The gross contribution was the theoretical liability, while the rebate effectively reduced the amount actually transferred. While the UK paid a net amount to the EU, they also received funding from the EU for administering "shared management" programs, which were then distributed to the UK public and private sectors. The amount varied year by year, but in 2014, the net payment was around £14.4 billion, or £280 million a week. Cheap really