Wolves have suffered a disappointing campaign in 2020-21 after their successes of recent years, and manager Nuno Espirito Santo will want a strong finish to build momentum for next season.
Going into the Premier League game against West Ham on Monday, Wolves were sitting in 14th place, comfortably ahead of the relegation spots but no chance of any honours.
They will certainly be aiming to avoid an unwanted record against the Hammers - they would go three consecutive Premier League matches without scoring for the first time in nine years if they fail to score.
Who is Wolves' highest paid player?
Joao Moutinho and Rui Patricio share top spot in the Wolves earners' list, each taking home a weekly pay packet of £100,000 ($138,000), according to Spotrac, an online sports team and player contract website.
Portuguese Moutinho joined Wolves in 2018 on an initial two-year deal from Monaco, since extended to 2022.
Goalkeeper Patricio, another Portugal international, joined from Sporting on a four-year deal in June 2018, with a transfer fee of £15.3 million.
The top 10 highest paid Wolves players in 2020/21
1= Jose Moutinho, £100,000 a week
1= Rui Patricio, £100,000 a week
3. Leander Dendoncker £90,000 a week
4. Fabio Silva £80,000 a week
5. Nelson Semedo £76,923 a week
6. Willy Boly £67,308 a week
7. Daniel Podence £60,000 a week
8= Pedro Neto £50,000 a week
8= Ruben Neves £50,000 a week
10. Adama Traore £43,000 a week
About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
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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