• Barcelona's Lionel Messi shoots at goal against Real Sociedad. Reuters
    Barcelona's Lionel Messi shoots at goal against Real Sociedad. Reuters
  • Lionel Messi takes the 81st minute spot-kick against Sociedad. AFP
    Lionel Messi takes the 81st minute spot-kick against Sociedad. AFP
  • Lionel Messi buries his penalty. Reuters
    Lionel Messi buries his penalty. Reuters
  • Lionel Messi celebrates after scoring against Real Sociedad. Getty Images
    Lionel Messi celebrates after scoring against Real Sociedad. Getty Images
  • Messi looks to the heavens after scoring. Getty Images
    Messi looks to the heavens after scoring. Getty Images
  • Real Sociedad's goalkeeper Alex Remiro, left, makes a save against Barcelona's Lionel Messi. AP Photo
    Real Sociedad's goalkeeper Alex Remiro, left, makes a save against Barcelona's Lionel Messi. AP Photo
  • Spanish referee Juan Martinez shows a yellow card to Lionel Messi against Real Sociedad at the Camp Nou. AFP
    Spanish referee Juan Martinez shows a yellow card to Lionel Messi against Real Sociedad at the Camp Nou. AFP
  • Lionel Messi reacts after missing an opportunity against Real Sociedad. AFP
    Lionel Messi reacts after missing an opportunity against Real Sociedad. AFP
  • Barcelona's Jordi Alba, right, celebrates with Barcelona's Lionel Messi. AP Photo
    Barcelona's Jordi Alba, right, celebrates with Barcelona's Lionel Messi. AP Photo
  • Lionel Messi in action against Real Sociedad's Ander Guevara. EPA
    Lionel Messi in action against Real Sociedad's Ander Guevara. EPA

Real Sociedad backtrack on plans to let players return to training ground amid coronavirus shutdown


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Spanish football club Real Sociedad have backtracked on plans to welcome players back to their training ground this week during the coronavirus pandemic after meeting with local authorities.

The Basque team had announced on Saturday that players would be able to train individually at the Zubieta training ground from Tuesday after receiving a Covid-19 test but the club have reversed the decision after facing a backlash on social media.

Spain has been under lockdown for four weeks as part of a national state of emergency to fight the spread of the coronavirus, although some restrictions are being lifted from Monday and some businesses are set to reopen.

Sociedad said on Sunday that their players would continue to conduct individual training at home but reiterated that they never intended for the squad to return to full training which would see them risk coming into close contact with each other.

"We want to remind everyone that Real Sociedad's decision was to give first team players the option to continue individual training at the Zubieta training ground," said a club statement.

"They were never going to do group training and each player could decide whether to train at home or the facility, always complying with the safety measures instructed by the health authorities.

"We are well aware of the responsibility we have and that's why Real Sociedad is working on a plan for our athletes and employees to return to work that puts their health before any other consideration."

There have been more than 166,000 total cases in Spain, with more than 17,000 deaths caused by the coronavirus while more than 62,000 people have made full recoveries. However, the lockdown measures have helped bring down a spiralling death rate that reached its peak in early April.

Sociedad were having a sensational season before all organised football in Spain was indefinitely postponed in March, climbing up to fourth in the standings and qualifying for the Copa del Rey final where they were due to meet Athletic Bilbao.

Sociedad's backtracking is the opposite to measures being taken in Germany, after a number of Bundesliga clubs, including champions Bayern Munich, re-opened their training grounds. However, photos from those sessions showed players adhering to social distancing rules by only training in pairs and maintaining two-metre distances.

EXPATS
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The specs: Lamborghini Aventador SVJ

Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

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

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

Profile

Name: Carzaty

Founders: Marwan Chaar and Hassan Jaffar

Launched: 2017

Employees: 22

Based: Dubai and Muscat

Sector: Automobile retail

Funding to date: $5.5 million

The%20specs
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The specs

Price: From Dh180,000 (estimate)

Engine: 2.0-litre turbocharged and supercharged in-line four-cylinder

Transmission: Eight-speed automatic

Power: 320hp @ 5,700rpm

Torque: 400Nm @ 2,200rpm

Fuel economy, combined: 9.7L / 100km

Gorillaz 
The Now Now