Australia's T20 captain Aaron Finch, left, and David Warner will play central roles for the hosts when the Twenty20 World Cup is eventually played on home soil. AFP
Australia's T20 captain Aaron Finch, left, and David Warner will play central roles for the hosts when the Twenty20 World Cup is eventually played on home soil. AFP
Australia's T20 captain Aaron Finch, left, and David Warner will play central roles for the hosts when the Twenty20 World Cup is eventually played on home soil. AFP
Australia's T20 captain Aaron Finch, left, and David Warner will play central roles for the hosts when the Twenty20 World Cup is eventually played on home soil. AFP

T20 World Cup in 2020 'unrealistic', admits Cricket Australia chief


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Cricket Australia chairman Earl Eddings has given the clearest indication yet that the Twenty20 World Cup will not go ahead as scheduled after saying staging the tournament in Australia this year is "unrealistic".

The tournament is meant to take place from October 18 to November 15, and officials have previously said they are planning for it to proceed on those dates.

But with many global borders still shut due to coronavirus-related travel restrictions, Eddings conceded that was looking increasingly unlikely.

"While it hasn't been formally called off this year, or postponed, trying to get 16 countries into Australia in the current world, where most countries are still going through Covid spiking, I think it's unrealistic, or it's going to be very, very difficult," he told reporters.

Eddings said Cricket Australia had put forward a number of options to the International Cricket Council (ICC).

"The ICC are having meetings as we speak, it's a bit of a movable feast at the moment," he said.

T20 World Cup chief executive Nick Hockley, who on Tuesday took over as interim Cricket Australia chief, said he expected the ICC to make a decision about the tournament's future next month.

"We've got a fantastic local organising committee who are busy preparing for every eventuality and the decision that will come," he said.

Australia has so far enjoyed success containing the virus, allowing it to ease restrictions, including letting crowds of up to 10,000 into sports stadiums from next month.

But strict international border restrictions remain in place and there are also limits on domestic movement between states, creating an added issue for an event where forty-five matches are spread over seven cities.

Eddings said India's Test tour in December-January appeared set to go ahead, with the tourists willing to undergo quarantine to enter Australia.

"We've had a lot of very positive chats with India, they're very keen to tour," he said. "Now it's a matter of how we get over the hurdles with Covid-19 for them to come into the country."

______________

How the fate of the T20 World Cup could impact on UAE cricket

  • Captain Ahmed Raza during training as the UAE team returned to training at the ICC Academy in Dubai on Sunday, June 7, 2020, after the government eased lockdown restrictions. Chris Whiteoak / The National
    Captain Ahmed Raza during training as the UAE team returned to training at the ICC Academy in Dubai on Sunday, June 7, 2020, after the government eased lockdown restrictions. Chris Whiteoak / The National
  • Ahmed Raza bowls at the ICC Academy in Dubai. Chris Whiteoak / The National
    Ahmed Raza bowls at the ICC Academy in Dubai. Chris Whiteoak / The National
  • UAE batsman Chirag Suri during training at the ICC Academy. Chris Whiteoak / The National
    UAE batsman Chirag Suri during training at the ICC Academy. Chris Whiteoak / The National
  • The UAE cricket team are back in training at the ICC Academy under strict health guidelines. Chris Whiteoak / The National
    The UAE cricket team are back in training at the ICC Academy under strict health guidelines. Chris Whiteoak / The National
  • The UAE team are training in Dubai while following government health guidelines. Chris Whiteoak / The National
    The UAE team are training in Dubai while following government health guidelines. Chris Whiteoak / The National
  • Health was at the forefront as the UAE team trained at the ICC Academy. Chris Whiteoak / The National
    Health was at the forefront as the UAE team trained at the ICC Academy. Chris Whiteoak / The National
  • Captain Ahmed Raza bowls in Dubai. Chris Whiteoak / The National
    Captain Ahmed Raza bowls in Dubai. Chris Whiteoak / The National
  • Chirag Suri and Imran Haider disinfect the ball at the ICC Academy. Chris Whiteoak / The National
    Chirag Suri and Imran Haider disinfect the ball at the ICC Academy. Chris Whiteoak / The National
  • The ball is disinfected at the ICC Academy as part of government guidelines. Chris Whiteoak / The National
    The ball is disinfected at the ICC Academy as part of government guidelines. Chris Whiteoak / The National
  • The UAE cricket team is back in training. Chris Whiteoak / The National
    The UAE cricket team is back in training. Chris Whiteoak / The National
  • Imran Haider bowls at the ICC Academy. Chris Whiteoak / The National
    Imran Haider bowls at the ICC Academy. Chris Whiteoak / The National

______________

However, the T20 World Cup, involving 15 visiting teams and support staff, presents a far greater logistical challenge.

The most likely scenario appears to be rescheduling the tournament until next year, but it will depend on the status of the pandemic and finding a spot in cricket's crowded calendar.

Postponing the World Cup could have a knock-on effect for the Indian Premier League, which was supposed to begin in March but has been repeatedly pushed back.

The Board of Control for Cricket in India (BCCI) is desperate to salvage the world's richest T20 tournament, even if that means taking it overseas or playing in empty stands.

While the BCCI has earmarked a September-October window for the event, delaying the T20 World Cup would open up an attractive slot.

The ICC last week said the situation regarding the T20 World Cup and coronavirus was rapidly evolving but insisted "planning for delivery of the events in the scheduled window is ongoing".

"The health and well-being of everyone involved is our priority and other considerations fall out from that," ICC chief executive Manu Sawhney said.

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

Race card

1.45pm: Maiden Dh75,000 1,200m.

2.15pm: Maiden Dh75,000 1,200m.

2.45pm: Handicap Dh95,000 1,200m.

3.15pm: Handicap Dh120,000 1,400m.

3.45pm: Handicap Dh80,000 1,400m.

4.15pm: Handicap Dh90,000 1,800m.

4.45pm: Handicap Dh80,000 1,950m.

The National selections:

1.45pm: Galaxy Road – So Hi Speed

2.15pm: Majestic Thunder – Daltrey

2.45pm: Call To War – Taamol

3.15pm: Eqtiraan - Bochart

3.45pm: Kidd Malibu – Initial

4.15pm: Arroway – Arch Gold

4.35pm: Compliance - Muqaatil

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Uefa Champions League, Group C
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Anfield, Liverpool
Wednesday, 11pm (UAE)

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This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

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Manchester United's summer dealings

In

Victor Lindelof (Benfica) £30.7 million

Romelu Lukaku (Everton)  £75 million

Nemanja Matic (Chelsea)  £40 million

 

Out

Zlatan Ibrahimovic Released

Wayne Rooney (Everton) Free transfer

Adnan Januzaj (Real Sociedad) £9.8 million

 

 

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching