Britain's Adam Peaty celebrates gold in the 100m breaststroke in Tokyo.
Britain's Adam Peaty celebrates gold in the 100m breaststroke in Tokyo.
Britain's Adam Peaty celebrates gold in the 100m breaststroke in Tokyo.
Britain's Adam Peaty celebrates gold in the 100m breaststroke in Tokyo.

Olympic star Adam Peaty takes mental health break


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British Olympic swimming star Adam Peaty said he had been under a "huge amount of pressure" as he explained his decision to join other top athletes in taking a mental health break.

Peaty defended his men's 100m breaststroke crown in Tokyo and also won gold in the 4x100m mixed medley relay and silver in the men's 4x100m medley.

The 26-year-old referred to the struggles of US gymnast Simone Biles and England cricketer Ben Stokes as he expanded on his move to take time away from the pool.

Four-time Olympic champion Simone Biles, 24, has pulled out of multiple gymnastics competitions in Tokyo over a mental block, and Stokes is taking an indefinite break from all cricket.

"It isn't a normal job," Peaty tweeted on Monday, suggesting he had received negative comments over his decision. "There is a huge amount of pressure. Money does not buy happiness.

"I'm taking a break because I've been going extremely hard for as long as I can remember. I've averaged 2 weeks off a year for the last 7 years. Unfortunately there are people out there who think they know you more than you know yourself."

Peaty will likely miss the upcoming International Swimming League (ISL) as he focuses on a gruelling schedule next year that includes the world and European swimming championships as well as the Commonwealth Games.

"It is going to be a war of attrition over the next three years," Peaty told the Daily Telegraph. "We've got three major championships next season, and you'll see people who are falling off, who go all the way through ISL and world cups, by the time they get to Paris (2024 Olympics).

"You're seeing it in all sports now. You're seeing it with Simone Biles. You're seeing it with Ben Stokes. Mental health matters and it is about getting the balance right at that elite level."

Breast cancer in men: the facts

1) Breast cancer is men is rare but can develop rapidly. It usually occurs in those over the ages of 60, but can occasionally affect younger men.

2) Symptoms can include a lump, discharge, swollen glands or a rash. 

3) People with a history of cancer in the family can be more susceptible. 

4) Treatments include surgery and chemotherapy but early diagnosis is the key. 

5) Anyone concerned is urged to contact their doctor

 

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

Baby Driver

Director: Edgar Wright

Starring: Ansel Elgort, Kevin Spacey, Jamie Foxx, Lily James

Three and a half stars

RedCrow Intelligence Company Profile

Started: 2016

Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel 

Based: Ramallah, Palestine

Sector: Technology, Security

# of staff: 13

Investment: $745,000

Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors

Dr Afridi's warning signs of digital addiction

Spending an excessive amount of time on the phone.

Neglecting personal, social, or academic responsibilities.

Losing interest in other activities or hobbies that were once enjoyed.

Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.

Experiencing sleep disturbances or changes in sleep patterns.

What are the guidelines?

Under 18 months: Avoid screen time altogether, except for video chatting with family.

Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.

Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.

Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.

Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.

Source: American Paediatric Association
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Updated: August 02, 2021, 12:15 PM