Collingwood: Perfect time to retire


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SYDNEY // Paul Collingwood, by his own admission, is the not the most fluent batsman but the timing of his decision to exit the Test arena has been immaculate.

The batsman this morning appeared for the final time in his international whites after announcing he is retiring from Test cricket.

The right-hander will leave with 4,259 runs from 68 Test matches at an average of 40 and now three Ashes victories on his CV.

"In many ways it's a sad moment but I honestly think it's the right time," Collingwood said.

"This is what I have been playing cricket for - it's to be in a position against Australia in Australia like this, and it's going to be the perfect moment to bow out of Test cricket.

"To be involved with a great England team like it is at the moment with some special players and special characters, it's a very proud place to be."

Collingwood has struggled in the current Ashes series, scoring only 83 runs yet, ironically, his most productive series against Australia came in a losing cause when he scored a career high 206 at Adelaide in 2006.

"Obviously my form hasn't helped," he said.

"I am very realistic and at the same time there are some great young players coming through, but if I wanted to progress and if I wanted to stay in the England team I was going to have to work very hard on technical things and whether I've got the time and the ability to stay up with this team I am not too sure."

Matt Prior, the wicketkeeper, praised Collingwood's contribution to the team, saying it was as much his behind-the-scenes influence with the team as his solid batting and fielding that had helped lift the self belief and harmony in the England squad.

Collingwood, who guided England to the Twenty20 World Cup title last year, said the way the England squad had developed a culture of winning in recent seasons had been the highlight of his time in international cricket.

"I am happy with the contributions I've made to the England team in the Test format and there are a lot of youngsters coming through," he said.

"This team will progress without me and get better, so I am looking forward to [today] as my final farewell."

Collingwood has scored 10 centuries and also taken 17 wickets in Test cricket. He has played 189 limited-overs internationals.

* With agency

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

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What is an FTO Designation?

FTO designations impose immigration restrictions on members of the organisation simply by virtue of their membership and triggers a criminal prohibition on knowingly providing material support or resources to the designated organisation as well as asset freezes. 

It is a crime for a person in the United States or subject to the jurisdiction of the United States to knowingly provide “material support or resources” to or receive military-type training from or on behalf of a designated FTO.

Representatives and members of a designated FTO, if they are aliens, are inadmissible to and, in certain circumstances removable from, the United States.

Except as authorised by the Secretary of the Treasury, any US financial institution that becomes aware that it has possession of or control over funds in which an FTO or its agent has an interest must retain possession of or control over the funds and report the funds to the Treasury Department.

Source: US Department of State

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