House of Lords reports on R&D reform

The Economic Affairs Finance Bill Sub-Committee report on draft clauses in the Finance Bill 2022–23 focused on the reforms to research and development (R&D) tax relief that apply from 1 April. These include changes to the definition qualifying R&D expenditure and administrative provisions for making claims. The Economic Affairs Finance Bill Sub-Committee has welcomed the […]

What’s happening to house prices?

The housing market is slowing and property prices are falling from their peak levels, with more significant drops expected this year. Despite the latest official data from the Land Registry showing a 12.6% year-on-year house price rise in October 2022, more up-to-date reports from Rightmove, Halifax and Nationwide are showing month-on-month falls. Experts anticipate more significant […]