British Prime Minister Boris Johnson has until autumn to set out a clear Conservative vision for the future or face being removed by his own MPs, his former Brexit minister, Lord David Frost, has warned.
Mr Frost said Mr Johnson could not afford to ignore the “depth of opposition” he faces within his own party after surviving a bruising vote of confidence on Monday.
He said the biggest problem now facing the government was not the issue of lockdown parties in Downing Street, but that voters did not understand what it was trying to do, he wrote in The Daily Telegraph.
“Every prime minister has weaknesses and blind spots," Mr Frost said.
"The issue is whether they are able to compensate for them, by having the right people, by taking good advice and by setting a clear policy direction with broad support.
“Mr Johnson probably has between now and the party conference to show he can do that."
Mr Johnson earlier tried to set his premiership back on track with a keynote speech in which he reaffirmed his commitment to cut taxes and set out plans to extend the right-to-buy housing scheme.
Boris Johnson through the years - in pictures
Mr Frost, who was once one of Mr Johnson’s closest advisers but is now among his hardest critics, said the government needed a plan based on “freedom and individual liberty, not collectivism”.
He said it looked like the government was constantly at risk of being overwhelmed by crises it was having to deal with.
“Like the cockpit of a crashing airliner, the dashboard lights are all flashing red," Mr Frost said.
"The government has to decide which problems must be dealt with now and which can be left until later."
Who will replace Boris Johnson if he leaves? Video
He said the ministers should focus on reversing tax increases, “credibly” committing to future cuts, slashing VAT on energy bills and opening up fracking.
Mr Frost also called on Mr Johnson to carry out a Cabinet reshuffle with the appointment of a “serious deputy” who could “design and deliver the strategy”.
“This is ambitious. I can see why many people think the prime minister can’t deliver it. He doesn’t like upsetting people. But any serious plan means making choices,” he said.
“Many of us still want him to succeed and will support him if he shows a sense of purpose. But he has to show things will be different now.”
Vote of no confidence in Boris Johnson – in pictures
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
Gulf rugby
Who’s won what so far in 2018/19
Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain
What’s left
UAE Conference
March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers
March 29, final
UAE Premiership
March 22, play-offs:
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes
March 29, final
MAIN CARD
Bantamweight 56.4kg
Abrorbek Madiminbekov v Mehdi El Jamari
Super heavyweight 94 kg
Adnan Mohammad v Mohammed Ajaraam
Lightweight 60kg
Zakaria Eljamari v Faridoon Alik Zai
Light heavyweight 81.4kg
Mahmood Amin v Taha Marrouni
Light welterweight 64.5kg
Siyovush Gulmamadov v Nouredine Samir
Light heavyweight 81.4kg
Ilyass Habibali v Haroun Baka
MATCH INFO
Champions League quarter-final, first leg
Ajax v Juventus, Wednesday, 11pm (UAE)
Match on BeIN Sports
Our legal consultants
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.