Fulham squad: Mitrovic, Reid and Adarabioyo stay, Aina released

The 20 Premier League clubs that took part in the 2020/21 season have submitted lists of players they will be retaining in their squads, and ones they will be releasing.

All clubs must submit their respective lists by June 23.

It is worth noting that player contracts typically will run until June 30, and therefore players who are soon to be out of contract are still on the 'retained' list at the time of publishing.

Next up is a club who won't even be playing Premier League football in 2021/22.

Fulham's return to the English top-flight lasted only one season as the Cottagers' quest for survival petered out over the final stretch.

Manager Scott Parker will be hoping to retain the majority of his squad, although it remains to be seen whether striker Aleksandar Mitrovic has a future at Craven Cottage given how sparingly the Serbia striker was used in Fulham's survival bid.

Fulham

2020/21 Premier League position: 18th

Retained

Terry Ablade
Abdul-Nasir Adarabioyo
Eric Ameyaw (Extended)
Luca Ashby-Hammond
Taye Ashby-Hammond (Offer)
Jason Bakumo-Abraham
Alex Borto
Kieron Bowie
Joseph Bryan
Thomas Cairney
Fabio Carvalho
Cyrus Christie
Ben Davis
Marlon Fossey
Tyrese Francois (Extended)
Michael Hector
Sonny Hilton
Sylvester Jasper
Stefan Johansen
Aboubakar Kamara
Neeskens Kebano
Anthony Knockaert
Terence Kongolo

Ziyad Larkeche
Damian Las
Maxime Le Marchand
Alfie Mawson
Connor McAvoy (Offer)
Aleksandar Mitrovic
Ivan Cavaleiro
Oliver O'Neill
Denis Odoi
Joshua Onomah
Jerome Opoku (Extended)
Jonathon Page (Extended)
Adrion Pajaziti
Fabricio Ramirez
Tim Ream
Harrison Reed
Bobby Reid Bobby
Antonee Robinson
Marek Rodak
Jean Michael Seri
Steven Sessegnon
Jay Stansfield
Kenny Tete
Jean-Pierre Tiehi (Offer)
George Wickens
Jay Williams
Andre-Frank Zambo Anguissa

Released

Olusanya Aina
Marcus Bettinelli
Ryan De Havilland
Lesley Duru
Jayden Harris
Kevin McDonald
Jaydn Mundle-Smith
Luca Murphy
Julian Schwarzer
Martell Taylor-Crossdale

Specs

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UAE currency: the story behind the money in your pockets

PAST 10 BRITISH GRAND PRIX WINNERS

2016 - Lewis Hamilton (Mercedes-GP)
2015 - Lewis Hamilton (Mercedes-GP)
2014 - Lewis Hamilton (Mercedes-GP)
2013 - Nico Rosberg (Mercedes-GP)
2012 - Mark Webber (Red Bull Racing)
2011 - Fernando Alonso (Ferrari)
2010 - Mark Webber (Red Bull Racing)
2009 - Sebastian Vettel (Red Bull Racing)
2008 - Lewis Hamilton (McLaren)
2007 - Kimi Raikkonen (Ferrari)

More from Aya Iskandarani

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COMPANY%20PROFILE

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative

Read part one: how cars came to the UAE

The specs

Engine: 3.8-litre V6

Power: 295hp at 6,000rpm

Torque: 355Nm at 5,200rpm

Transmission: 8-speed auto

Fuel consumption: 10.7L/100km

Price: Dh179,999-plus

On sale: now

Brolliology: A History of the Umbrella in Life and Literature
By Marion Rankine
Melville House

Profile box

Founders: Michele Ferrario, Nino Ulsamer and Freddy Lim
Started: established in 2016 and launched in July 2017
Based: Singapore, with offices in the UAE, Malaysia, Hong Kong, Thailand
Sector: FinTech, wealth management
Initial investment: $500,000 in seed round 1 in 2016; $2.2m in seed round 2 in 2017; $5m in series A round in 2018; $12m in series B round in 2019; $16m in series C round in 2020 and $25m in series D round in 2021
Current staff: more than 160 employees
Stage: series D
Investors: EightRoads Ventures, Square Peg Capital, Sequoia Capital India

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

On Women's Day

Dr Nawal Al-Hosany: Why more women should be on the frontlines of climate action

Samar Elmnhrawy: How companies in the Middle East can catch up on gender equality

The National Editorial: Is there much to celebrate on International Women's Day 2021?

Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'

Squads

India (for first three ODIs) Kohli (capt), Rohit, Rahul, Pandey, Jadhav, Rahane, Dhoni, Pandya, Axar, Kuldeep, Chahal, Bumrah, Bhuvneshwar, Umesh, Shami.

Australia Smith (capt), Warner, Agar, Cartwright, Coulter-Nile, Cummins, Faulkner, Finch, Head, Maxwell, Richardson, Stoinis, Wade, Zampa.