evidence: We’ve been getting a lot of questions asking how much the UK and Wales contributes to the EU budget and how much it gets back by way of different funding. Is it possible to work out accurately the net cost of EU membership to the UK and Wales? There are different methodologies used at EU level and by the UK Treasury to calculate how much the UK Government pays into and how much it receives from the EU. Whichever methodology is used the UK is a net contributor to the EU Budget (i.e. pays in more to the EU than it receives back). However, the European Commission figures (presented in euros) show a lower net contribution by the UK than the Treasury figures (which are presented in pounds sterling) as we’ll see below. [...] A UK Treasury Report published in December 2015 puts the total UK net contribution to the EU Budget at £9.785 billion (POUNDS) in 2014, including the adjustment for the UK rebate. The Treasury’s Report explains the differences as follows (Paragraph 3.9):