Were does the money come from? Were does the money go to?

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Presentation transcript:

Were does the money come from? Were does the money go to?

Where Does The Money Come From? Traditional Own Resources (TOR) — these mainly consist of duties that are charged on imports of products coming from a non-EU state. They bring in approximately EUR 17,3 billion or 15 % of the total revenue. The resource based on Value Added Tax (VAT) is a uniform percentage rate that is applied to each Member State’s harmonised VAT revenue. The VAT-based resource accounts for 15 % of total revenue, or some EUR 17.8 billion. The resource based on Gross National Income (GNI) is a uniform percentage rate (0.73 %) applied to the GNI of each Member State. Although it is a balancing item, it has become the largest source of revenue and today accounts for 69 % of total revenue or EUR 80 billion.

What Is The Money Spent On? Directly or indirectly, we all benefit from some activity funded from the EU budget be it in the form of cleaner beaches, safer food on our plates, better roads or the guaranteeing of our fundamental rights.