HS2 makes £9.5m provision for mistakes in IR35 self-assessment

Supporting local people into employment on HS2

Source: HS2

Deputy chair of board was boss of HMRC when tax rule was reformed

HS2 Ltd could have to pay millions to the taxman after wrongly assessing its status under off-payroll working rules brought in by its own deputy chair when he was the boss of HMRC.

The company’s annual report and accounts for 2021/22 revealed that a £9.5m provision had been set aside for getting its tax status determination wrong under the IR35 rules.

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