Gobierno de España. Ministerio de Hacienda Y Función Pública Secretaría General de Presupuestos y Gastos
Unión Europea

Other compensations

As well as the contribution to the United Kingdom, two other types of compensation have been established for the 2014-2020 period for certain member states.

Reduced rates of VAT: Germany, the Netherlands and Sweden enjoy reduced reference rates of 0.15 per cent.

Reductions in contributions by GNI: Denmark, the Netherlands and Sweden enjoy a gross annual reduction of 130 million euros, 695 million euros and 185 million euros respectively, at 2011 prices. In the case of Austria, the gross annual reduction is fixed at 30 million euros in 2014, 20 million euros in 2015 and 10 million euros in 2016, at 2011 prices.