A woman walks past a fortification made with tyres in Zaporizhzhia, Ukraine. EPA
A woman walks past a fortification made with tyres in Zaporizhzhia, Ukraine. EPA
A woman walks past a fortification made with tyres in Zaporizhzhia, Ukraine. EPA
A woman walks past a fortification made with tyres in Zaporizhzhia, Ukraine. EPA

UK outlines route to lifting Russian sanctions


Simon Rushton
  • English
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Live updates: follow the latest news on Russia-Ukraine

Sanctions against Russian oligarchs, banks and businesses could be lifted if President Vladimir Putin ends his invasion of Ukraine and commits to “no further aggression”, UK Foreign Secretary Liz Truss has said.

She outlined how Russian sanctions could end but warned that “snapback sanctions” could kick in if Russia attacked again.

The UK's sanctions against Russia over its invasion of Ukraine could be lifted if Moscow committed to a full ceasefire and withdrew its troops, she told The Telegraph.

Ms Truss said the Kremlin must also commit to “no further aggression” towards Ukraine if the British sanctions had to be eased.

In concert with western allies, London has imposed sanctions on more than 1,000 Russian and Belarusian people and businesses in recent weeks, with the latest round of targets announced on Thursday.

“Sanctions should only come off with a full ceasefire and withdrawal, but also commitments that there will be no further aggression,” Ms Truss said.

  • Pro-Russian troops drive armoured vehicles past local residents in the besieged Ukrainian port city of Mariupol. Reuters
    Pro-Russian troops drive armoured vehicles past local residents in the besieged Ukrainian port city of Mariupol. Reuters
  • Heavy smoke from a warehouse destroyed by Russian troops casts a shadow on a road outside Kyiv. AP
    Heavy smoke from a warehouse destroyed by Russian troops casts a shadow on a road outside Kyiv. AP
  • Sunflowers and an image with a message in Spanish that reads 'Peace in Ukraine' placed outside the Russian embassy in Mexico City by demonstrators during a protest against Moscow's invasion of Ukraine. AP
    Sunflowers and an image with a message in Spanish that reads 'Peace in Ukraine' placed outside the Russian embassy in Mexico City by demonstrators during a protest against Moscow's invasion of Ukraine. AP
  • Ukrainians pay their respects during the funeral Senior Lt Igor Fedorchik in Lviv. The Ukrainian officer was killed when Russian forces shelled the town of New Kahovka. EPA
    Ukrainians pay their respects during the funeral Senior Lt Igor Fedorchik in Lviv. The Ukrainian officer was killed when Russian forces shelled the town of New Kahovka. EPA
  • St Basil's Cathedral, as viewed from the Red Square in Moscow. EPA
    St Basil's Cathedral, as viewed from the Red Square in Moscow. EPA
  • A young Ukrainian refugee looks out of a tent after crossing the border by ferry into Romania on March 24, 2022. AP
    A young Ukrainian refugee looks out of a tent after crossing the border by ferry into Romania on March 24, 2022. AP
  • From left, Japanese Prime Minister Fumio Kishida, Canadian Prime Minister Justin Trudeau, US President Joe Biden, German Chancellor Olaf Scholz, British Prime Minister Boris Johnson, French President Emmanuel Macron and Italian Prime Minister Mario Draghi pose for a family photo during the G7 summit in Brussels, Belgium. Reuters
    From left, Japanese Prime Minister Fumio Kishida, Canadian Prime Minister Justin Trudeau, US President Joe Biden, German Chancellor Olaf Scholz, British Prime Minister Boris Johnson, French President Emmanuel Macron and Italian Prime Minister Mario Draghi pose for a family photo during the G7 summit in Brussels, Belgium. Reuters
  • Smoke billows from a fire on what the Ukrainian Ministry of Defence says is a Russian warship at the port of Berdiansk, Ukraine. Reuters
    Smoke billows from a fire on what the Ukrainian Ministry of Defence says is a Russian warship at the port of Berdiansk, Ukraine. Reuters
  • Yurii, brother of Ihor Fedorchyk, 38, a soldier killed by Russian shelling in the town of New Kahovka, hugs his mother, Myroslava, as they mourn during his funeral at the Lychakiv cemetery in Lviv, Ukraine. Reuters
    Yurii, brother of Ihor Fedorchyk, 38, a soldier killed by Russian shelling in the town of New Kahovka, hugs his mother, Myroslava, as they mourn during his funeral at the Lychakiv cemetery in Lviv, Ukraine. Reuters
  • A woman cleans broken glass from a staircase in an apartment building damaged by bombing in Kyiv, Ukraine. AP
    A woman cleans broken glass from a staircase in an apartment building damaged by bombing in Kyiv, Ukraine. AP
  • Civilian victims of Russian bombings are treated in a hospital in Kharkiv, Ukraine. EPA
    Civilian victims of Russian bombings are treated in a hospital in Kharkiv, Ukraine. EPA
  • People rest with their belongings in a city subway being used as a bomb shelter in Kharkiv, Ukraine. AP
    People rest with their belongings in a city subway being used as a bomb shelter in Kharkiv, Ukraine. AP
  • Anti-tank barricades are placed on a street in preparation for a possible Russian offensive in Odesa, Ukraine. AP
    Anti-tank barricades are placed on a street in preparation for a possible Russian offensive in Odesa, Ukraine. AP
  • Firefighters work to extinguish a fire at a house destroyed in a Russian attack in Kharkiv, Ukraine. AP
    Firefighters work to extinguish a fire at a house destroyed in a Russian attack in Kharkiv, Ukraine. AP
  • Ukrainian servicemen carry a coffin during a funeral in Lviv, Ukraine. EPA
    Ukrainian servicemen carry a coffin during a funeral in Lviv, Ukraine. EPA
  • A Ukrainian serviceman carries a fragment of a rocket outside a building in Kyiv that was destroyed by Russian shelling. AFP
    A Ukrainian serviceman carries a fragment of a rocket outside a building in Kyiv that was destroyed by Russian shelling. AFP
  • Nadia holds her 10-year-old granddaughter, Zlata Moiseinko, who suffers from a chronic heart condition, as she receives treatment at a schoolhouse that has been converted into a field hospital in Mostyska, western Ukraine. AP
    Nadia holds her 10-year-old granddaughter, Zlata Moiseinko, who suffers from a chronic heart condition, as she receives treatment at a schoolhouse that has been converted into a field hospital in Mostyska, western Ukraine. AP
  • A neighbour walks on the debris of a burning house destroyed in a Russian attack in Kharkiv, Ukraine. AP
    A neighbour walks on the debris of a burning house destroyed in a Russian attack in Kharkiv, Ukraine. AP

“And also, there's the opportunity to have snapback sanctions if there is further aggression in future.”

She said Russia had previously signed up to agreements that they had failed to fulfil later.

"What we know is that Russia signed up to multiple agreements they simply don’t comply with. So there needs to be hard levers. Of course, sanctions are a hard lever," she said.

The comments echo recent remarks by US Secretary of State Antony Blinken that the wide-ranging penalties against Russia are “not designed to be permanent” and could “go away” if Moscow changes its behaviour.

“The scale of the issue that we’re facing with Russia is so big, it’s so important, it’s so vital that we all stick together,” Ms Truss said.

On Saturday, US President Joe Biden called Russian leader Vladimir Putin “a butcher” who “cannot remain in power”.

Ms Truss also revealed shd has set up a specialist negotiations unit with her foreign ministry to aid Ukraine in peace talks with Russia.

However, she cautioned it would only be useful if the Russians were serious about negotiations.

“I don't believe they are serious at present and that's why I've said we need to be tough to get peace,” Ms Truss said.

Britain and other allies, she said, needed to “double down on sanctions” and “double down on the weapons that we're sending to Ukraine".

She called for Mr Putin to be brought under even more pressure, domestically through the economy and Russia being debilitated.

“With the supply of more weaponry to the Ukrainians, I think we could see his attempts to invade stall. Over time, this will bear down on Putin’s ability to succeed and will ensure that he loses in Ukraine.

“And at that point, we need to make sure that there isn’t a repeat of the Minsk [ceasefire] process — that we actually end up in a situation where there is a genuine ceasefire, there’s a genuine withdrawal of troops from Ukraine, and there are real levers on Russia in the future to stop any future aggression.”

RESULT

Huddersfield Town 2 Manchester United 1
Huddersfield: Mooy (28'), Depoitre (33')
Manchester United: Rashford (78')

 

Man of the Match: Aaron Mooy (Huddersfield Town)

MATCH INFO

Rugby World Cup (all times UAE)

Third-place play-off: New Zealand v Wales, Friday, 1pm

Results

2pm: Al Sahel Contracting Company – Maiden (PA) Dh50,000 (Dirt) 1,200m; Winner: AF Mutakafel, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

2.30pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,200m; Winner: El Baareq, Antonio Fresu, Rashed Bouresly

3pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,950m; Winner: Lost Eden, Andrea Atzeni, Doug Watson

3.30pm: Keeneland – Handicap (TB) Dh84,000 (D) 1,000m; Winner: Alkaraama, Dane O’Neill, Musabah Al Muhairi

4pm: Keeneland – Handicap (TB) Dh76,000 (D) 1,800m; Winner: Lady Snazz, Saif Al Balushi, Bhupat Seemar

4.30pm: Hive – Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Royston Ffrench, Salem bin Ghadayer

5pm: Dubai Real Estate Centre – (TB) Handicap Dh64,000 (D) 1,600m; Winner: Lahmoom, Royston Ffrench, Salem bin Ghadayer

RESULTS

5pm: Maiden (PA) Dh80,000 1,200m
Winner: Shafaf, Sam Hitchcott (jockey), Ahmed Al Mehairbi (trainer)
5,30pm: Wathba Stallions Cup Handicap (PA) Dh70,000 1,200m
Winner: Noof KB, Tadhg O’Shea, Ernst Oertel
6pm: The President’s Cup Listed (TB) Dh380,000 1,400m
Winner: Taamol, Jim Crowley, Ali Rashid Al Raihe
6.30pm: The President’s Cup Group One (PA) Dh2,500,000 2,200m
Winner: Rmmas, Tadhg O’Shea, Jean de Roualle
7pm: Arabian Triple Crown Listed (PA) Dh230,000 1,600m
Winner: Ihtesham, Szczepan Mazur, Ibrahim Al Hadhrami
7.30pm: Handicap (PA) Dh80,000 1,400m
Winner: AF Mekhbat, Antonio Fresu, Ernst Oertel

MATCH INFO

Burnley 1 (Brady 89')

Manchester City 4 (Jesus 24', 50', Rodri 68', Mahrez 87')

RESULTS
%3Cp%3E%3Cstrong%3E5pm%3A%20Sheikh%20Mansour%20bin%20Zayed%20Racing%20Festival%20%E2%80%93%20Handicap%20(PA)%20Dh100%2C000%20(Turf)%202%2C200m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Suny%20Du%20Loup%2C%20Pat%20Dobbs%20(jockey)%2C%20Hamad%20Al%20Marar%20(trainer)%3Cbr%3E%3Cstrong%3E5.30pm%3A%20Sheikh%20Mansour%20bin%20Zayed%20Racing%20Festival%20Cup%20%E2%80%93%20Conditions%20(PA)%20Dh150%2C000%20(T)%201%2C600m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Nadia%20Du%20Loup%2C%20Antonio%20Fresu%2C%20Sulaiman%20Al%20Ghunaimi%3Cbr%3E%3Cstrong%3E6pm%3A%20Sheikha%20Fatima%20bint%20Mubarak%20Cup%20%E2%80%93%20Conditions%20(PA)%20Dh150%2C000%20(T)%201%2C600m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20Dareen%2C%20Dane%20O%E2%80%99Neill%2C%20Jean%20de%20Roualle%3Cbr%3E%3Cstrong%3E6.30pm%3A%20Sheikh%20Zayed%20bin%20Sultan%20Al%20Nahyan%20National%20Day%20Cup%20%E2%80%93%20Group%203%20(PA)%20Dh500%2C000%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20AF%20Alwajel%2C%20Pat%20Dobbs%2C%20Ernst%20Oertel%3Cbr%3E%3Cstrong%3E7.15pm%3A%20Sheikh%20Zayed%20bin%20Sultan%20Al%20Nahyan%20Jewel%20Crown%20%E2%80%93%20Group%201%20(PA)%20Dh5%2C000%2C000%20(T)%202%2C200m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20First%20Classs%2C%20Ronan%20Thomas%2C%20Jean%20De%20Mieulle%3Cbr%3E%3Cstrong%3E8pm%3A%20Sheikh%20Zayed%20bin%20Sultan%20Al%20Nahyan%20National%20Day%20Cup%20%E2%80%93%20Listed%20(TB)%20Dh380%2C000%20(T)%201%2C600m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20San%20Donato%2C%20Pat%20Dobbs%2C%20Doug%20Watson%3Cbr%3E%3Cstrong%3E8.30pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Handicap%20(PA)%20Dh100%2C000%20(T)%201%2C600m%3C%2Fstrong%3E%3Cbr%3EWinner%3A%20AF%20Rasam%2C%20Fernando%20Jara%2C%20Ernst%20Oertel%3C%2Fp%3E%0A
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

What is dialysis?

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.

It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.

There are two kinds of dialysis — haemodialysis and peritoneal.

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.

It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.

Jebel Ali card

1.45pm: Maiden Dh75,000 1,400m

2.15pm: Handicap Dh90,000 1,400m

2.45pm: Maiden Dh75,000 1,000m

3.15pm: Handicap Dh105,000 1,200m

3.45pm: Maiden Dh75,000 1,600m

4.15pm: Handicap Dh105,000 1,600m

4.45pm: Handicap Dh80,000 1,800m

 

The National selections

1.45pm: Cosmic Glow

2.15pm: Karaginsky

2.45pm: Welcome Surprise

3.15pm: Taamol

3.45pm: Rayig

4.15pm: Chiefdom

4.45pm: California Jumbo

The specs: 2018 Chevrolet Trailblazer

Price, base / as tested Dh99,000 / Dh132,000

Engine 3.6L V6

Transmission: Six-speed automatic

Power 275hp @ 6,000rpm

Torque 350Nm @ 3,700rpm

Fuel economy combined 12.2L / 100km

Aldar Properties Abu Dhabi T10

*November 15 to November 24

*Venue: Zayed Cricket Stadium, Abu Dhabi

*Tickets: Start at Dh10, from ttensports.com

*TV: Ten Sports

*Streaming: Jio Live

*2017 winners: Kerala Kings

*2018 winners: Northern Warriors

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
  • Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.

David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East

Updated: March 27, 2022, 7:23 AM