One dose of a Covid-19 vaccine was found to be only 10 per cent effective against the Delta variant. Getty Images
One dose of a Covid-19 vaccine was found to be only 10 per cent effective against the Delta variant. Getty Images
One dose of a Covid-19 vaccine was found to be only 10 per cent effective against the Delta variant. Getty Images
One dose of a Covid-19 vaccine was found to be only 10 per cent effective against the Delta variant. Getty Images

Delta variant overcomes antibodies from previous infection


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People who have been infected with Covid-19 are more likely to be reinfected by the Delta variant, research finds.

The French study, published in the journal Nature, found the variant was four times more likely to overcome the protection afforded by antibodies from previous infection than the Alpha variant, first detected in England.

British health authorities have already said the Delta strain could be up to 60 per cent more infectious than Alpha.

The study, carried out by the Institut Pasteur in Paris, found a single dose of either the Pfizer-BioNTech or AstraZeneca-Oxford University vaccines was “poorly or not at all efficient” against Delta and Beta (first detected in South Africa).

One dose provided on average just 10 per cent protection in a sample group of 103 people.

However, protection increased significantly after two doses.

The study found the vaccines generated a neutralising response of 95 per cent, although the antibodies were three to five times less potent against Delta compared with Alpha.

France on Friday said the Delta variant would probably account for most new cases in the country from this weekend.

French Health Minister Olivier Veran said the variant represented nearly 50 per cent of all Covid-19 cases.

In England, the variant accounts for 99 per cent of all cases that have been genetically sequenced, with Public Health England data showing cases of the variant have increased by 54,268 in the past week.

More than 86 per cent of adults in the UK have received a first shot of a Covid-19 vaccine, while nearly 65 per cent are fully vaccinated with two doses, according to the latest government figures.


MEYDAN RESULTS

6.30pm Baniyas (PA) Group 2 Dh125,000 (Dirt) 1,400m

Winner ES Ajeeb, Sam Hitchcock (jockey), Ibrahim Aseel (trainer).          

7.05pm Maiden (TB) Dh165,000 (D) 1,200m

Winner  Galaxy Road, Antonio Fresu, Musabah Al Muhairi.

7.40pm Maiden (TB) Dh165,000 (D) 1,400m

Winner  Al Modayar, Fernando Jara, Ali Rashid Al Raihe.

8.15pm Handicap (TB) Dh170,000 (D) 1,900m

Winner  Gundogdu, Xavier Ziani, Salem bin Ghadayer.

8.50pm Rated Conditions (TB) Dh240,000 (D) 1,600m

Winner George Villiers, Tadhg O’Shea, Satish Seemar.

9.25pm Handicap (TB) Dh175,000 (D)1,200m

Winner  Lady Parma, Connor Beasley, Satish Seemar

10pm Handicap (TB) Dh165,000 (D) 1,400m

Winner Zaajer, Fernando Jara, Ali Rashid Al Raihe

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

What is safeguarding?

“Safeguarding, not just in sport, but in all walks of life, is making sure that policies are put in place that make sure your child is safe; when they attend a football club, a tennis club, that there are welfare officers at clubs who are qualified to a standard to make sure your child is safe in that environment,” Derek Bell explains.

Updated: July 09, 2021, 12:55 PM