Source Currency: Issue 20, 29 May 2026 News in brief Direct taxes Foreign Permanent Establishment Exemption—policy paper Global Information Return (GIR) Filing and Exchange—Transitional approach Advisory fuel rates Transport taxation update (mileage rates) Indirect taxes HMRC Brief 5/2026—Temporary reduced rate of VAT for children’s meals, tickets and family attractions Transport taxation update (road fuel etc) Case summaries—direct taxes Take 3.9 TV Partnership v HMRC [2026] UKFTT 696 (TC) HC-One No 1 Ltd v HMRC [2026] UKFTT 678 (TC) Vereley Homes Ltd v HMRC [2026] UKFTT 695 (TC) Bridgeman v HMRC [2026] UKFTT 679 (TC) Martin v Chancellor of the Exchequer [2026] EWHC 1123 (Admin) Apollo Belvedere LLP v HMRC [2026] UKFTT 687 (TC) Barriball and anor v Jackson and anor [2026] EWHC 1135 (Ch) Herrmann v HMRC [2026] UKFTT 715 (TC).