How much does the UK contribute to the EU budget?

According to figures from HM Treasury, in 2014-18 the UK’s average net contribution to the EU budget was £9.6 billion per year. This figure is the UK’s gross contribution minus its annual rebate and UK government receipts from EU programmes. In 2018, the UK contributed around 12% of the EU budget, which was lower than Germany (21%) and France (16%), and on a par with Italy (12%). Member state contributions comprise payments calculated according to the size of their economies, as well as income from value-added tax (VAT) and customs duties.