Kevin Connors, 51, receives an AstraZeneca vaccine during the Lord Mayor William Russell's (R) visit to the Boots pharmacy on Fleet Street in the City of London. Getty Images
Kevin Connors, 51, receives an AstraZeneca vaccine during the Lord Mayor William Russell's (R) visit to the Boots pharmacy on Fleet Street in the City of London. Getty Images
Kevin Connors, 51, receives an AstraZeneca vaccine during the Lord Mayor William Russell's (R) visit to the Boots pharmacy on Fleet Street in the City of London. Getty Images
Kevin Connors, 51, receives an AstraZeneca vaccine during the Lord Mayor William Russell's (R) visit to the Boots pharmacy on Fleet Street in the City of London. Getty Images

Britain launches expert group to prepare for future pandemics


Soraya Ebrahimi
  • English
  • Arabic

Britain on Tuesday said it would launch an international expert group to help the world prepare for the next pandemic and hasten the development of vaccines against future diseases as they emerge.

Launched under Britain's presidency of the Group of Seven (G7) wealthy nations, the Pandemic Preparedness Partnership will report to the G7 leaders summit in June.

It will advise on how to achieve Prime Minister Boris Johnson's target of developing vaccines against future diseases within 100 days.

"As G7 president, the UK is determined to work with our partners to build back better from coronavirus and strengthen global preparedness for future pandemics," Health Minister Matt Hancock said before a two-day online meeting of the group.

"This new expert group will drive our efforts in the years ahead to protect people everywhere from new diseases and to save lives."

The move comes as Cabinet Office Minister Michael Gove travels to Israel to study a Covid "green pass" smartphone app that could soon be the model for vaccine passports in the UK.

Mr Gove is being accompanied by Jonathan Van-Tam, England's deputy chief medical officer.

UK ministers have previously said the world lacks a coordinated response to the pandemic, with many countries retreating to "vaccine nationalism" given the finite number of doses.

This means poorer countries have had limited access to vaccines while advanced economies have progressed to inoculating younger, healthier citizens.

The EU, a large manufacturing base for medical supplies, earlier this year imposed export controls on Covid-19 vaccines to shore up supplies for its own population.

The expert group will be chaired by the UK government's chief scientific adviser Patrick Vallance, and its steering group includes executives from Covid-19 vaccine makers AstraZeneca, Pfizer and Johnson & Johnson, as well as scientists.

Britain said there would also be £16 million ($22.3m) more funding for the Coalition for Epidemic Preparedness Innovations to support global vaccine supply and development.

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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