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Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
What’s in the budget?
- Freeze in income tax thresholds results in 780,000 more basic-rate, 920,000 more higher-rate and 4,000 more additional rate payers
- National Insurance charged on salary-sacrificed pension contributions above annual £2,000 threshold
- Rates on property, savings and dividend income to rise by 2 percentage points
- Electric cars hit with 3p per mile tax from April 2028
- Two-child benefit cap is removed, costing £3bn
- 5p cut in fuel duty is retained until September 2026
- Debt to rise from 95 per cent of GDP to 96.1 per cent by the end of the decade
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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'
