Asteroid lights up night sky over English Channel


Gillian Duncan
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A small asteroid lit up the night sky after exploding over the English Channel in the early hours of Monday.

The one-metre asteroid, called Sar2667, could be seen across much of southern England and as far south as Paris.

Reports said it created a fireball airburst, or explosion, after entering the atmosphere.

The European Space Agency said there was a first-time development, with scientists able to predict its arrival after spotting its approach hours earlier.

It tweeted: “This is just the seventh time an #asteroidimpact has ever been predicted before it happens - a sign of the rapid advancements in global asteroid detection capabilities.”

The International Meteor Organisation, a Belgium-based non-profit organisation, said there was a “very bright flash” close to the enlightened skies on both sides of the Channel at 2.59am.

“At the predicted time, small asteroid 2023 CX1 (…designated under Sar2667) entered the Earth atmosphere, producing a very bright fireball that was reported by dozens of witnesses, and recorded on video by astronomers and public," it wrote on its website.

“This 7th predicted asteroid entry, seen its geographical position, favourable weather and the delay between discovery and meteor, may be the most covered of all.”

The last time an asteroid was predicted to enter the Earth’s atmosphere in advance was in November in Ontario, Canada.

Late last month, a lorry-sized asteroid passed Earth in one of the closest approaches to the planet ever recorded, according to Nasa.

Asteroid 2023 BU, which was discovered by an amateur astronomer, zoomed by the southern tip of South America on January 26, just 2,200 miles (3,600 kilometres) from the Earth's surface, much closer than many geostationary satellites orbiting the planet.

If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

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Starring: Mark Ruffalo, Anne Hathaway, William Jackson Harper 

Rating: ****

Ms Yang's top tips for parents new to the UAE
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• Increase defence spending to 2.5% of GDP by 2027 but given “turbulent times it may be necessary to go faster”

• Prioritise a shift towards working with AI and autonomous systems

• Invest in the resilience of military space systems.

• Number of active reserves should be increased by 20%

• More F-35 fighter jets required in the next decade

• New “hybrid Navy” with AUKUS submarines and autonomous vessels

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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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Updated: February 13, 2023, 10:18 AM