Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what proportion of High Sped Two's construction costs will be recouped through (a) VAT, (b) corporation tax, (c) income tax and (d) National Insurance being levied on (i) the bodies contracted to construct the project and (ii) their employees.
HM Revenue and Customs (HMRC) are unable to provide estimates on how much will be recouped from High Speed Two's construction costs.
HMRC publish aggregate level statistics on annual and monthly revenue on GOV.UK here: https://www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk