An explanation of the three types of own resources of the European budget, which provide the EU's main revenue, and of the correction mechanisms designed to compensate imbalances in national contributions.
The legal basis and the workings of the EU's traditional own resources system (customs duties and sugar levies).
The legal basis and the workings of the EU's value added tax (VAT)-based own resource.
How the Gross National Income-based own resource is calculated, and how it ensures that the EU budget is always balanced.
Learn about the correction budget instruments ("rebates") designed to compensate excessive contributions by certain Member States.