Liverpool and Chelsea players get worked up at Stamford Bridge in October.
Liverpool and Chelsea players get worked up at Stamford Bridge in October.
Liverpool and Chelsea players get worked up at Stamford Bridge in October.
Liverpool and Chelsea players get worked up at Stamford Bridge in October.

Pressure points in Anfield battle


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Rafa Benitez, the Liverpool manager, may be full of bravado and all smiles in the build-up to today's crucial top-of-the-table meeting with Chelsea, but that calm persona seems to be masking his true feelings. These are tense times for the Spaniard as the pressure of the English Premier League challenge weighs heavily on his side.

Losing top spot in the table following a disappointing run of seven draws in 10 games means that beating their rivals at Anfield has taken on an even greater importance. The same goes for Luiz Felipe Scolari, his Chelsea counterpart, who has faced similar stress in his first season. He sympathises with Benitez, sharing the frustration of being a manager at a club that craves success, but may also show greater patience.

"I think Benitez is a normal coach," said Scolari, whose side are second, but level on points with Liverpool. "He has a little problem with this or that to build his team. It is the same as me, the same as the other coaches. We try to build the best, but sometimes the result is not what we want." Benitez is ignoring the frenzied debate about his decisions and comments, which have been somewhat bizarre recently.

"There is no extra pressure on me. I can guarantee that I have not read a newspaper, listened to radio or watched TV since the Wigan game [on Wednesday]," he said. "We are in our best position for the last 10-15 years so we have to enjoy it and try to keep doing our best. Every point is important. It doesn't matter what is being said off the pitch." One person who could make the difference is Fernando Torres. The Spain striker has not scored at Anfield since last May, but struck his first goal in English football against Chelsea last season.

"It is a very special memory for me," he said. "Because of this there would be no game that would be better for me to score again at Anfield. We are Liverpool and we are not scared of anyone." And he offered his backing to the coach, adding: "Letting Rafa go would be a mistake and a great pity." Chelsea, who have signed the Turkish midfielder Gokhan Tore, 17, from Bayer Leverkusen, are chasing a fifth straight victory since losing at Manchester United, and are determined to exact revenge after the Reds ended their 86-match unbeaten home record in October.

Frank Lampard said: "We have turned a little corner since we lost to United. We took a bit of a knock to our confidence, but we believe we can win. We are back in second position which is nice and teams are going to drop points." akhan@thenational.ae

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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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Launched: 2018

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