Hundreds attend pro-Palestine protest at London's Downing St


Soraya Ebrahimi
  • English
  • Arabic

Hundreds of people gathered at Downing Street on Wednesday evening to remember the victims of a deadly blast at a hospital in Gaza.

Who is responsible for the air strike remains unclear with Hamas and Arab countries blaming Israel for the explosion, which killed about 500 civilians, and the Israeli military saying the hospital was hit by a rocket misfired by Palestinian militants.

Despite heavy rain in the capital, protesters gathered in Westminster holding signs that read “stop the massacre” and “stop bombing Gaza”.

They also chanted, “From the river to the sea, Palestine will be free”.

Prayers were then held in Arabic, with those attending laying out plastic sheets on the ground to pray on.

Among them was Marja Carter, 26, who said the events of the past week have been “devastating”.

“I find it absolutely disgraceful that our government has been so unable to take a stand,” Ms Carter said.

She said that Palestinians in Gaza have “suffered enough”.

“We cannot continue to ignore the situation any longer," Ms Carter said.

“I feel like our government only cares about it when it spills over into their strategic interests.”

Pro-Palestine protesters hold a vigil outside Downing Street in London on October 18. EPA
Pro-Palestine protesters hold a vigil outside Downing Street in London on October 18. EPA

A British-Palestinian woman, who did not wish to be identified, said she was at the vigil to “mourn”.

“We are half-Palestinian. Our family are from the West Bank,” she said.

“We are here to mourn everyone who has died in the last week, and since the beginning of the occupation.”

She said that the vigil felt “sad and cathartic”, and that the government must “wake up and acknowledge our humanity”.

Another attending, Hannah, 27, said that the British government must hold Israel accountable.

“I think they can hold the Israeli government accountable a bit more, and ask them more difficult questions,” Hannah said.

“They say that they don’t control the media but they could encourage the media to show both sides more honestly.”

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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

Abu Dhabi Desert Challenge – Rally schedule:

Saturday: Super Special Spectator Stage – Yas Marina Circuit – start 3.30pm.
Sunday: Yas Marina Circuit Stage 1 (276.01km)
Monday: Nissan Stage 2 (287.92km)
Tuesday: Al Ain Water Stage 3 (281.38km)
Wednesday: ADNOC Stage 4 (244.49km)
Thursday: Abu Dhabi Aviation Stage 5 (218.57km) Finish: Yas Marina Circuit – 4.30pm.

Updated: October 18, 2023, 7:53 PM