Tax on the Beach · Journal 048

Try again, fail again, fail better.!

Martin Beadle · 21 January 2025 · 338 words

Try again, fail again, fail better.!

The story of Icarus (the fella who flew too close to the sun) might be viewed as a lesson about human limitations, or the shortcomings of wax as an adhesive..

Everyone forms views and perspectives. Most believe they’re right. If it ever was the case, the AI, genetics and biotech revolutions are changing all that

In the wet Spring of 1830 strange things happened to an Amsterdam bridge. After years of use, the old-style natural cement bridge was showing cracks as part of the aging process

Extraordinarily, without any human intervention, the bridge appeared to start healing itself! Local experts determined that ‘moisture from the air and something else’ had somehow unlocked this natural phenomenon

Fast forward to the early 2000s, and scientists began experimenting introducing bacteria into very small cracks in concrete. Soon they bioengineered calcium-rich mineral deposits and, hey presto, cracks up to one millimetre wide could be repaired

Reengineering micro-organisms raises the possibility of growing ‘living building materials’

University of Colorado scientists are developing a ‘combination of bacteria, hydrogen-gel, and sand’ to create bricks. Gone are the harmful processes associated with cement. One brick becomes two, in just 6 hours! Future generations will use self-generating biomaterials to literally ‘grow’ buildings

The tax world is changing too. Accountants struggle with the knowledge that AI likely can already do everything they can do, only quicker and cheaper. Realistically, the only profession that will survive the AI revolution, is the world’s oldest..

For now, the UK tax world remains too complex. While most ingredients required for sophisticated planning are available via the web, the required recipes are still in the heads and filing cabinets of older tax experts, mostly Chartered Tax Advisers

Chartered Tax Adviser is the highest tax qualification available in the UK, and our team are ready to help. Arrange your free power-hour tax planning discussion here . You’re free to accept, or refuse, and there’s no obligation whatsoever

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Important. Tax on the Beach is the personal column of Martin Beadle, Founder. It is general commentary, not advice, and reflects the rules as at the date of first publication shown above – figures and legislation may have changed since. Reth!nk.tax is not authorised or regulated by the Financial Conduct Authority and does not provide regulated financial, investment or pension advice. All tax advice is provided, in writing, by Chartered Tax Advisers.

«Newer: Looked at tax from both sides now.. Older: Rip it up and start again..»

Important. Tax on the Beach is the personal column of Martin Beadle, Founder. It is general commentary, not advice, and reflects the rules as at the date of first publication shown above - figures and legislation change. All tax advice is provided in writing by a Chartered Tax Adviser who is a current member of the Chartered Institute of Taxation.

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