An independent analysis of the compliance cost of HMRC’s Making Tax Digital (MTD) plans is required to resolve conflicting views by the Treasury and the Federation of Small Businesses (FSB), say MPs.

Andrew Tyrie, chair of the House of Commons’ Treasury Committee has asked the Administrative Burdens Advisory Board (ABAB) for its thoughts on the costs to small businesses of complying with the new obligations under MTD.

In a letter, he wrote: ‘I recognise that you do not have the capacity to carry out detailed …