It wasn'tOriginally Posted by Oracle
You see the ONS figure might well be the gross figure, but it doesn't count certain other financial transfers.
It doesn't count the money we send to cover the EHIC card / the treatment of EU nationals here that are unrecovered because the NHS is conditioned not to collect, unlike other EU health services.
It also doesn't count the Import duty. When goods clear customs here in the UK, around 20% is taken as an admin fee by the UK and the 80% goes to the EU.
As this duty is the EU's duty, it doesn't show as a transfer in the ONS figures. Only the 20% admin fee shows as an income.
Further many RoW goods are cleared at EU Ports of entry. So the EU gets more than just the duty from UK direct imports, but in this situation the EU port of clearance gets the 20% admin portion, so a 100% of RoW import duty on Imports destined for the UK via a continental port goes to the EU.
We also have money from the DfID that is passed to the EU.
Add them all up, it comes closer to £500m
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