One of the UK's most senior imams has praised the UK's Queen Elizabeth II as a "beacon of hope” ahead of her platinum jubilee this weekend.
Imam Qari Asim, chair of the Mosque and Imams National Advisory Board, was one of many religious leaders who congratulated the monarch as she reaches her 70-year reign milestone on Sunday.
He said: “Throughout her 70-year-long reign, the queen has shown deep commitment, affection and admiration for her country, the Commonwealth and the people across the world, as well as the ability to adapt and evolve with the changing world around her.
“Her Majesty the Queen has been a wonderful beacon of hope, integrity, stability and unity for our country and beyond. May the Lord allow this momentous occasion of the platinum jubilee to provide unity, peace and hope across our wonderful nation.”
A series of events will be held from Sunday to mark the occasion which will culminate this summer.
More than 1,500 platinum jubilee beacons will be lit across the UK and Commonwealth on the first evening of the extended four-day jubilee bank holiday weekend in June.
Senior clerics from the Christian, Jewish, Muslim, Hindu, Sikh, Buddhist, Jain, Zoroastrian and Bahai faiths voiced strong support for the beacons and urged their communities to take part.
The Archbishop of Canterbury Justin Welby, the most senior bishop in the Church of England, said the fires — which will light up the night sky across the UK and Commonwealth on June 2 — will see people joining together in celebration and remind everyone of “our common bond under the Crown”.
Mr Welby encouraged people to sing the newly written Song for the Commonwealth as the beacons are lit.
He said: “This will be a moment of remarkable celebration, as we join together across different generations, denominations, faiths and communities all over the world in proper tribute to Her Majesty the Queen.
Chief Rabbi Mirvis, Chief Rabbi of the United Hebrew Congregations of the Commonwealth, said: “The kindling of the Queen’s jubilee beacons throughout the United Kingdom and the capital cities of the Commonwealth will be a most powerful symbol as we celebrate her majesty’s 70 remarkable years on the throne.
“In Jewish tradition, the lighting of a flame accompanies many of our most important religious observances, representing the point at which the material and sacred meet.
“The fragile flame conveys the profound lesson that spirituality cannot manifest in the world if we do not cultivate and protect it.”
Queen Elizabeth's 70 year reign - in pictures
Why are you, you?
Why are you, you?
From this question, a new beginning.
From this question, a new destiny.
For you are a world, and a meeting of worlds.
Our dream is to unite that which has been
separated by history.
To return the many to the one.
A great story unites us all,
beyond colour and creed and gender.
The lightning flash of art
And the music of the heart.
We reflect all cultures, all ways.
We are a twenty first century wonder.
Universal ideals, visions of art and truth.
Now is the turning point of cultures and hopes.
Come with questions, leave with visions.
We are the link between the past and the future.
Here, through art, new possibilities are born. And
new answers are given wings.
Why are you, you?
Because we are mirrors of each other.
Because together we create new worlds.
Together we are more powerful than we know.
We connect, we inspire, we multiply illuminations
with the unique light of art.
Ben Okri,
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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