UK to pay €10.9 billion Brexit bill to EU this year

[Silver]

The UK is due to pay €10.9 billion to the European Union this year as part of the Brexit financial settlement, according to figures published today.

That will mean an estimated outstanding bill of €30.9 billion on 1 January 2023.

Under the Withdrawal Agreement the UK was handed a departure bill of €49.2 billion, which was reduced to €47.5 billion because of London's share of fines paid into the EU’s coffers worth €1.8 billion, as well as other adjustments.

UK to pay €10.9 billion Brexit bill to EU this year (rte.ie)

Edited July 2, 2022 by The Silver Shroud

[itsnotoutthere]

"The accounts are due to be signed off by the European Court of Auditors (ECA) in the coming weeks, but officials say the figures are unlikely to change.

Tony Murphy, Irish member of the ECA with responsibility for auditing the EU annual accounts stated: "We found that the financial obligations on the UK arising from Withdrawal Agreement have been paid in full and in line with the terms set out in the agreement up to the year ending 31 December 2021."

Wow, accounts signed off..... Something the EU rarely managed to do with their own accounts. 

Edited July 2, 2022 by itsnotoutthere

[OpenMindedSceptic]

Germany's energy invoice from Russia needs paying after all.