Bis(hydroxymethyl)peroxide, formerly reported to inhibit horseradish peroxidase, was found not to influence the enzyme. Hydroxymethylhydroperoxide, which may be formed from bis(hydroxymethyl)peroxide by hydrolysis, irreversibly inhibits horseradish peroxidase in a second‐order reaction, k = 3.0X10 2 /sec −1 XM −1 at pH 4.27 in 6.7 mM guaiacol. Hydroxymethylhydroperoxide is a peroxide substrate of horseradish peroxidase. The rate constant ( k 1 ) for the formation of the enzyme‐substrate complex (Cpd I) between hydroxymethylhydroperoxide and horseradish peroxidase was indirectly determined to be 2X10 5 sec −1 XM −1 at pH 4.27.