• A man wears a face mask in Al Jadaf area in Dubai. Pawan Singh / The National
    A man wears a face mask in Al Jadaf area in Dubai. Pawan Singh / The National
  • A shopkeeper lights coal to burn incense to attract customers to his shop in Dubai's Spice Souq. Antonie Robertson / The National
    A shopkeeper lights coal to burn incense to attract customers to his shop in Dubai's Spice Souq. Antonie Robertson / The National
  • A shopkeeper in Deira Souq. He fills a bag with tea leaves that he hopes to sell to tourists. Antonie Robertson / The National
    A shopkeeper in Deira Souq. He fills a bag with tea leaves that he hopes to sell to tourists. Antonie Robertson / The National
  • Men talk at the Abra station near the Spice Souq. Antonie Robertson / The National
    Men talk at the Abra station near the Spice Souq. Antonie Robertson / The National
  • An almost empty street in Deira Souq. Antonie Robertson / The National
    An almost empty street in Deira Souq. Antonie Robertson / The National
  • Pedestrians wait to cross Baniyas Street in Deira. Antonie Robertson / The National
    Pedestrians wait to cross Baniyas Street in Deira. Antonie Robertson / The National
  • A sign at the Old Souq Abra Station in Deira reminds people to wear a mask. Antonie Robertson / The National
    A sign at the Old Souq Abra Station in Deira reminds people to wear a mask. Antonie Robertson / The National
  • People step off an abra in Dubai. Antonie Robertson / The National
    People step off an abra in Dubai. Antonie Robertson / The National

Coronavirus: UAE records 1,903 new cases as infections pass half a million


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The UAE recorded 1,903 Covid-19 cases on Tuesday as infections crossed the half-million threshold.

However, new cases remained below 2,000 for the seventh day running.

The latest cases brought the country's overall tally to 500,860.

A further 1,854 people beat the virus as the recovery total climbed to 483,180.

Three more died from complications arising from Covid-19 to bring the total death toll to 1,559.

The number of active cases stands at 16,121.

An additional 192,238 tests were conducted.

Mass testing and one of the world's fastest vaccination programmes have been integral to the UAE's curbing of the pandemic. Authorities on Tuesday also said 113,621 vaccine doses were given in the past 24 hours, to reach 9.78 million in total. This represents a rate of 98.97 doses per 100 people.

Cases have dropped since reaching close to 4,000 in January thanks to effective rules and an efficient vaccination programme.

Match info

Uefa Nations League Group B:

England v Spain, Saturday, 11.45pm (UAE)

How it works

Booklava works on a subscription model. On signing up you receive a free book as part of a 30-day-trial period, after which you pay US$9.99 (Dh36.70) per month to gain access to a library of books and discounts of up to 30 per cent on selected titles. You can cancel your subscription at any time. For more details go to www.booklava.com

Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

Indoor Cricket World Cup Dubai 2017

Venue Insportz, Dubai; Admission Free

Fixtures - Open Men 2pm: India v New Zealand, Malaysia v UAE, Singapore v South Africa, Sri Lanka v England; 8pm: Australia v Singapore, India v Sri Lanka, England v Malaysia, New Zealand v South Africa

Fixtures - Open Women Noon: New Zealand v England, UAE v Australia; 6pm: England v South Africa, New Zealand v Australia

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

SCHEDULE

6.30pm Maiden Dh165,000 (Dirt) 1,400m
7.05pm: Handicap Dh170,000 (D) 1,600m
7.40pm: Maiden Dh165,000 (D) 1,600m
8.15pm: Handicap Dh210,000 (D) 1,200m
8.50pm: Handicap Dh210,000 (D) 2,000m
9.25pm:Handicap Dh185,000 (D) 1,400m
 
Amith's predicted winners:
6.30pm: Down On Da Bayou
7.05pm: Etisalat
7.40pm: Mulfit
8.15pm: Pennsylvania Dutch
8.50pm: Mudallel
9.25pm: Midnight Sands

Farage on Muslim Brotherhood

Nigel Farage told Reform's annual conference that the party will proscribe the Muslim Brotherhood if he becomes Prime Minister.
"We will stop dangerous organisations with links to terrorism operating in our country," he said. "Quite why we've been so gutless about this – both Labour and Conservative – I don't know.
“All across the Middle East, countries have banned and proscribed the Muslim Brotherhood as a dangerous organisation. We will do the very same.”
It is 10 years since a ground-breaking report into the Muslim Brotherhood by Sir John Jenkins.
Among the former diplomat's findings was an assessment that “the use of extreme violence in the pursuit of the perfect Islamic society” has “never been institutionally disowned” by the movement.
The prime minister at the time, David Cameron, who commissioned the report, said membership or association with the Muslim Brotherhood was a "possible indicator of extremism" but it would not be banned.