• Six-year-old Gigi Riccardi cools off at a splash pad during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
    Six-year-old Gigi Riccardi cools off at a splash pad during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
  • A woman enters a cooling centre during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
    A woman enters a cooling centre during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
  • People head to the beach to cool off during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
    People head to the beach to cool off during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
  • A thermometer reads 113 degrees Fahrenheit during a heat wave in Portland, Oregon, US, on June 27, 2021. Reuters
    A thermometer reads 113 degrees Fahrenheit during a heat wave in Portland, Oregon, US, on June 27, 2021. Reuters
  • Photographers take pictures of an onfield sign displaying the current temperature after events were postponed due to high heat at the US Olympic Track and Field Trials on June 27, 2021, in Eugene, Oregon. AP
    Photographers take pictures of an onfield sign displaying the current temperature after events were postponed due to high heat at the US Olympic Track and Field Trials on June 27, 2021, in Eugene, Oregon. AP
  • Fans gets spay with water after events were postponed due to high heat at the US Olympic Track and Field Trials on June 27, 2021, in Eugene, Oregon. AP
    Fans gets spay with water after events were postponed due to high heat at the US Olympic Track and Field Trials on June 27, 2021, in Eugene, Oregon. AP
  • Kevin Ninness and one-year-old Sierra cool off at a splash pad during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
    Kevin Ninness and one-year-old Sierra cool off at a splash pad during the scorching weather of a heatwave in Vancouver, British Columbia, Canada, on June 27, 2021. Reuters
  • A movie theatre advertises air conditioning along with a movie during unprecedented heat wave in Portland, Oregon, US, on June 27, 2021. Reuters
    A movie theatre advertises air conditioning along with a movie during unprecedented heat wave in Portland, Oregon, US, on June 27, 2021. Reuters
  • Austun Wilde rests with her two dogs, Bird Is The Wurd and Fenrir at a cooling centre in the Oregon Convention Center on June 27, 2021 in Portland, Oregon, US. AFP
    Austun Wilde rests with her two dogs, Bird Is The Wurd and Fenrir at a cooling centre in the Oregon Convention Center on June 27, 2021 in Portland, Oregon, US. AFP
  • Isis Macadaeg, age seven, plays in a spray park at Jefferson Park during a heat wave in Seattle, Washington, US, on June 27, 2021. Reuters
    Isis Macadaeg, age seven, plays in a spray park at Jefferson Park during a heat wave in Seattle, Washington, US, on June 27, 2021. Reuters
  • Carlitos, 24, came to the cooling center at Fisher Pavilion in the Seattle Center Saturday night after experiencing symptoms of heat exhaustion during a record-breaking heat wave on June 27, 2021. Seattle Times via AP
    Carlitos, 24, came to the cooling center at Fisher Pavilion in the Seattle Center Saturday night after experiencing symptoms of heat exhaustion during a record-breaking heat wave on June 27, 2021. Seattle Times via AP

Canada and US north-west bake under record-smashing heatwave


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Record-smashing heat gripped much of the western US and Canada on Monday, forcing schools and Covid-19 testing centres to close and causing the postponement of an Olympic qualifying event. Forecasters warned of worse to come.

In the town of Lytton in British Columbia, the temperature on Sunday eclipsed Canada’s record high, with the mercury touching 46.6°C.

"It's the first time it's been this hot," Ahmed Habib, owner of 2 Rivers Inn in Lytton, told The National.

“Many people are outside sweating. I went out to the police station yesterday and everyone outside was sweating.”

Mr Habib said the local tourism industry, which includes outdoor activities such as whitewater rafting, might take a hit “because people can’t go out and tour, they can only stay inside”.

In a region unaccustomed to sweltering heat, stores reportedly sold out of portable air conditioners and fans, while cities opened emergency cooling centres and outreach workers handed out bottles of water and hats.

Several Covid-19 vaccination clinics were shut and schools announced they would close on Monday.

“A prolonged, dangerous and historic heatwave will persist through this week,” Environment Canada said.

It forecast temperatures near 40°C in several regions.

The agency issued alerts for British Columbia, Alberta and parts of Saskatchewan, Yukon and the Northwest Territories.

Farther south, in the US city of Eugene, Oregon, a temperature of 43.3°C forced organisers to postpone the final day of US Olympic athletics trials. Afternoon events were moved to the evening.

Because of climate change, record-setting temperatures are becoming more frequent. Globally, the decade to 2019 was the hottest registered, and the past five years were the warmest on record.

On Sunday in Seattle, the temperature hit 40°C, surprising residents not used to hot weather.

Doug Farr, manager of the city’s weekly Ballard Farmers Market, said the site had to close early on Sunday because of the heat, something it normally has to do only for snow.

“I think this is the first time we’ve ever closed early because of the heat,” he said.

Oregon’s biggest city, Portland, hit 44.4°C on Sunday, the US National Weather Service said, breaking a city record set a day earlier. Officials shut down the light rail and tram system because of the intense heat.

Nick Bond, an atmospheric scientist at the University of Washington, said the freak weather event was not entirely due to climate change, but was exacerbated by it.

“Climate change is a factor here, but definitely a secondary one,” he said.

“The main thing going on is this highly unusual weather pattern, but that being said, climate change is real, our temperatures have warmed here, especially summer night-time temperatures, and so that has just kind of raised the baseline and made this heat event that much more severe.”

Tips for SMEs to cope
  • Adapt your business model. Make changes that are future-proof to the new normal
  • Make sure you have an online presence
  • Open communication with suppliers, especially if they are international. Look for local suppliers to avoid delivery delays
  • Open communication with customers to see how they are coping and be flexible about extending terms, etc
    Courtesy: Craig Moore, founder and CEO of Beehive, which provides term finance and working capital finance to SMEs. Only SMEs that have been trading for two years are eligible for funding from Beehive.
'The Batman'

Stars:Robert Pattinson

Director:Matt Reeves

Rating: 5/5

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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EMERGENCY PHONE NUMBERS

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries