The price of the combined direct and indirect expenses of EU membership in 2008 costs Britain £55.775 billion. Click here to read the full analysis online ESP. PAGE 13 COUNTRY BY COUNTRY The facts: Gerard Batten, UKIP MEP, author of the paper, challenges the Government; Robert Oulds, the Director of the Bruges Group, says, ------------------------------------------------------------------------------- - NOTES - GDP is £1,459 billion. Tax:GDP ratio is 36.8% (excluding Council Tax which is fixed). Therefore 2% more GDP would be approximately £10.73 billion more tax every year. ------------------------------------------------------------------------ Table 4 Who Pays Most? Budget 2000-2006 2000-2006 Total Gross Contributions 2000-2006 Total EU Expenditure in Member State 2000-2006 Total Net Contributions Germany € 139.15 Spain € 99.51 Germany € 60.09 France € 107.79 France € 89.63 UK (after rebate) € 27.80 Italy € 86.49 Germany € 79.07 Netherlands € 23.85 UK (after rebate) € 77.95 Italy € 70.22 France € 18.16 Spain € 54.68 UK with rebate € 50.15 Italy € 16.27 Netherlands € 37.75 Greece € 39.03 Sweden € 8.03 Belgium € 25.45 Belgium € 33.41 Austria € 3.16 Sweden € 17.59 Portugal € 26.70 Denmark € 2.45 Austria € 14.33 Ireland € 17.99 Finland € 0.48 Denmark € 13.05 Netherlands € 13.89 Cyprus -€ 0.25 Greece € 10.93 Poland € 13.85 Malta -€ 0.27 Finland € 9.45 Austria € 11.17 Slovenia -€ 0.55 Portugal € 9.24 Denmark € 10.60 Estonia -€ 0.66 Ireland € 8.61 Sweden € 9.56 Latvia -€ 0.94 Poland € 6.08 Finland € 8.97 Slovakia -€ 1.07 Czech Rep € 2.59 Luxembourg € 7.23 Czech Rep -€ 1.31 Hungary € 2.15 Hungary € 4.59 Bulgaria -€ 1.51 Luxembourg € 1.51 Czech Rep € 3.90 Lithuania -€ 1.92 Slovakia € 0.98 Romania € 2.85 Hungary -€ 2.44 Slovenia € 0.72 Lithuania € 2.48 Romania -€ 2.85 Lithuania € 0.56 Slovakia € 2.05 Luxembourg -€ 5.72 Cyprus € 0.40 Bulgaria € 1.51 Poland -€ 7.76 Latvia € 0.35 Latvia € 1.30 Belgium -€ 7.95 Estonia € 0.29 Slovenia € 1.27 Ireland -€ 9.38 Malta € 0.13 Estonia € 0.95 Portugal -€ 17.46 Bulgaria € 0.00 Cyprus € 0.65 Greece -€ 28.09 Romania € 0.00 Malta € 0.40 Spain -€ 44.84 Figures shown in billions. Note: These figures are taken from the European Commission official budget breakdown.15 It should be noted that there may be disparities between UK Office of National Statistics figures and the EU Commission published figures, this is because of variations in the exchange rate. 15 http://ec.europa.eu/budget/library/publications/fin_reports/allocrep_data_2006_en.pdfHow much does the European Union cost Britain? 2008
Gerard Batten MEP
Set out in the latest Bruges Group research by UKIP MEP Gerard Batten, the full financial burden to Britain has now been calculated. They show a dramatic increase in the costs of the EU - A price Britain cannot afford.
FRAUD:
THE EFFECTS OF FREEING BRITAIN FROM THE EU:
The 2% boost to economic growth created by leaving the EU and slashing its excessive red tape would also increase tax revenue by £10.73 billion. Combine that with the direct savings to the exchequer and it will allow for a 6p in the pound cut in the basic rate of income tax.
"As we enter what looks like the most serious economic crisis since 1929 membership of the European Union is a luxury that the British people simply cannot afford.
“It is clear that the EU is holding up economic recovery, to get Britain out of recession, we must get Britain out of the EU.
“If the British Government really believes that membership of the EU is in the interests of the British people they should commission an independent cost/benefit analysis to demonstrate the economic effects of membership.”
"There is a desperate need to reinvigorate the British economy by reducing the burden of taxation. Slowly, all three main political parties are beginning to realise this; but none have come up with a convincing plan as to how this can be done.
"However, now that the costs of EU membership have been exposed, we now know that the tax cuts that are so desperately needed can partly be found by freeing us from EU control. It will boost tax revenue and free-up funds totalling £25.33 billion allowing for 6p in the pound to be cut from the basic rate of income tax."
Source: 2008 Budget Report
£14.6 billion would enable the basic rate of income tax to be cut by 3.65 pence. It would alternatively enable the Personal Allowance to be increased by £2,703, so that you would earn £2,700 more than you currently do before paying tax - taking millions of lower paid workers out of charge.
The combined benefit of £10.73 billion more tax revenues and saving the £14.6 billion paid to the EU would enable the basic rate of income tax to be cut by 6.23p, or increase the personal allowance by £4,685.
Source for calculations: HMRC Ready Reckoner for 2007-08
Sunday, 22 November 2009
Posted by Britannia Radio at 12:01