Amending budget 4/2021: update of revenue; revised forecast of own resources and other revenue

The European Parliament adopted a resolution on the Council position on Draft amending budget No 4/2021 of the European Union for the financial year 2021 - Update of revenue following the entry into force on 1 June 2021 of Council Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union, the revised forecast of own resources and other revenue.

Parliament approved the Council position on draft amending budget No 4/2021 which aims to update the revenue side of the budget to take account of: (i) the entry into force on 1 June 2021 of Council Decision (EU, Euratom) 2020/2053, applicable from 1 January 2021; (ii) the updated own resources forecasts for the 2021 budget agreed by the Advisory Committee on Own Resources on 26 May 2021; (iii) the update of other revenues such as the United Kingdom contribution, fines and others.

Parliament stressed the particular commitment to the new own resources and their introduction over the 2021-2027 Multiannual Financial Framework (MFF) according to the roadmap established by the Interinstitutional Agreement

The resolution recalled that Council Decision (EU, Euratom) 2020/2053 on own resources introduced the following changes

- an increase in the own resources ceilings;

- an increase in the rate of collection costs for customs duties for Member States (25% instead of 20%);

- a uniform VAT call rate without exception and a simplified definition of the VAT base;

- a new own resource based on non-recycled plastic packaging waste;

- the modification of the gross reductions of the GNI-based own resource for Denmark, Germany, the Netherlands, Austria and Sweden.