Britain is being forced to pay £18bn in two years by the EU up 29 per cent
The Office of Budget Responsibility has forecast that the UK will contribute £18.3 billion in two years for access to the single market and free movement of people as well as adhering to the laws of 27 other member states.
And British taxpayers could be forced to pay out as much as £11 billion-a-year by 2021 after the 'rebate' as EU leaders continue to threaten the public that it will punish them for wanting to leave.
Now former Ukip leader Nigel Farage is calling on the Prime Minister to put her foot down as she negotiates for the country, which has debt mounting daily.
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They want every penny they can get from us
It has already been established that Britain would be able to trade under WTO tariffs should the EU not agree to a fair exit – and save the country money.
And countries like the US, India and China as well as the 52 countries, across all continents in the Commonwealth, are willing to trade with the UK on brand new terms not dictated to by 700,000 pages of EU rules.
It has been revealed that Britain can walk away from the EU exactly two years to the day that Article 50 is triggered without a deal under subsection three.
Nigel Farage says the EU will try to get as much money from Britain as it can
And any attempt to thwart the country through unnecessary trade embargoes will impact on Germany significantly due to the trade deficit of approximately £68.7bn with the EU.
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Ukip's Nigel Farage said: “They want every penny they can get from us.
"A lot people don't realise that we are still paying money in… but if we end up locked into some kind of transitional deal then the figure could be higher still.
"The Government's motto ought to be 'time is money' but no one seems to be in any hurry.”
Jean Claude Juncker wants to penalise British people for voting out of the EU
Tory member of Parliament Peter Bone also called on the Prime Minister look closer to home at her social care crisis when she considers her strategy.
He said: "I think most people will see it as totally perverse that were being asked to hand over even more to the EU when the public have made it very clear they want to leave.
"It does show that we need to leave as soon as possible, because every day we stay is costing us more money.
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If you are an EU national, you do not need to show your national ID card or passport when you are travelling from one border-free Schengen EU country to another. The Schengen Area is an area comprising 26 European states that have officially abolished passport and any other type of border control at their mutual borders.
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"Everyone talks about this process taking two years, but that is very much a backstop.
"There is no reason why we should not be able to get out in a year and we save £10 billion of our money.
"We need to stop the direct debit and start spending on priorities of our own – you could solve the social care crisis at a stroke and have money to spare.”
Britain has indicated that the EU will continue to receive funding from its Foreign Aid budget which accounts for 0.7 per cent of its gross national income (GNI).
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