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Taxation is the easiest to quantify. According to the Office for Budgetary Responsibility (OBR), Britain's contribution to the EU in 2016 will be PS19.6 billion gross or PS11.1 billion net.1 Since we are measuring the impact on taxation, it is the gross figure that is relevant here. Sure, some of the money Britain hands over to the EU is returned or spent in this country. But, when measuring tax, we don't deduct notional value. Ask your neighbours how much their council tax bill is. I doubt they'll subtract the value of the bin collection and the street lighting. So what does PS19.6 billion amount to? According to the Institute for Fiscal Studies (IFS), it is equivalent to the combined revenue of Vehicle Excise (PS5.9 billion), Capital Gains Tax (PS5.4 billion), Air Passenger Duty (PS3.2 billion), Inheritance Tax (PS3.9 billion) and Petroleum Tax (PS1.2 billion). To put it another way, it would allow the entire country to get a 71 per cent rebate in council tax (which raises PS27.6 billion).