Source Currency: Issue 3, 29 January 2026. News in brief Indirect taxes HMRC Brief Case summaries—direct taxes Rawlinson v HMRC [2026] UKFTT 45 (TC) Grey v HMRC [2026] UKFTT 42 (TC) Elden v HMRC [2026] UKFTT 41 (TC) Singh v HMRC [2026] UKFTT 46 (TC) Kadas v HMRC [2025] EWHC 3322 (Admin) Case summaries—indirect taxes Kog v HMRC [2026] UKFTT 40 (TC) Slice of Pie v HMRC [2026] UKFTT 39 (TC) Nimbus v HMRC [2026] UKFTT 38 (TC) Khan Partnership v HMRC [2026] UKFTT 43 (TC) PRB trading v HMRC [2026] UKFTT 47 (TC) Supreme imports v HMRC [2026] UKFTT 44 (TC) Finance Bill progress Finance Bill 2026—proposed government amendments—EMIs: thresholds and period for exercise Finance Bill 2026—proposed government amendments—venture capital trusts: rate of relief and amounts and asset requirements Finance Bill 2026—proposed government amendments—umbrella companies Finance Bill 2026—proposed government amendments—loan charge settlement scheme Finance Bill 2026—proposed government amendments—loan charge settlement scheme: supplementary Finance Bill 2026—proposed government amendments—transfer pricing Finance Bill 2026—proposed government amendments—Pillar Two Finance Bill 2026—proposed government amendments—aggregates levy: amendments relating to disapplication of levy to Scotland Finance Bill 2026—proposed government amendments—economic crime (anti-money laundering) levy Finance Bill 2026—proposed government amendments—vaping products duty: commencement and transitional provision Finance Bill 2026—proposed government amendments—conduct of tax advisers Finance Bill 2026—proposed government amendments—CBAM: rate Finance Bill 2026—proposed government amendments—tax advisers: registration Finance Bill 2026—proposed government amendments—tax advisers: registration (further amendments) Miscellaneous Topical Guidance covering the application of PCRT to the ethical use of artificial intelligence tools.