Life Sciences Spotlight:
Exploring the 2025 Budget Update and Recent Tax Changes

10 December 2025

This webcast focused on the tax implications for UK companies operating in the Life Sciences sector, hosted by FTI Consulting Tax Advisory specialists including Richard Turner, Lewin Higgins-Green and Tom Shaw.

During the session, our experts discussed the 2025 Autumn Budget announcements, delving into changes that are likely to create waves in the sector and provide practical insights and recommendations.

We also looked ahead at the potential challenges around tax reporting and compliance resulting from the new merged regime for R&D incentives and restrictions on overseas activities. Finally, we fed back experience on evolving HMRC practice and compliance administration.

Life Sciences organisations are facing a myriad of pressures, while continuing to fight to improve the lives of patients and communities. Proactive approaches to tax challenges provide an opportunity to create value and long-term stability for businesses, enabling them to focus on achieving their strategic and operational objectives. This session is valuable for Life Sciences companies with operations in the UK.