Articles by Terry Tanaka

Terry Tanaka

Terry Tanaka

Coming from a long line of successful businesspeople, Terry struck out on her own to pursue her passion in life - writing! Loves beach holidays and walking her Shiba Inu Jonas.

Is a pension pot of £250,000 sufficient for retirement?
Personal Finance

Is a pension pot of £250,000 sufficient for retirement?

Because of the high cost of living, having a sizable pension fund is still essential for retirement planning and making sure you have eno...

RICS: The housing market was muted in May, but as sales level off, the outlook gets better
Investments

RICS: The housing market was muted in May, but as sales level off, the outlook gets better

Following the stamp duty hike in April, the housing market is still muted, with more sellers than buyers, according to the most recent Ro...

Pension frenzy: Three things to think about before taking an early withdrawal are the surges in lump sum withdrawals by 55-year-olds
Personal Finance

Pension frenzy: Three things to think about before taking an early withdrawal are the surges in lump sum withdrawals by 55-year-olds

A post-pandemic high was reached last year in the number of people taking lump-sum withdrawals from their pensions as soon as they could....

In 2023–2024, HMRC will raise £105 billion through special investigations into the wealthy How can you safeguard yourself?
Personal Finance

In 2023–2024, HMRC will raise £105 billion through special investigations into the wealthy How can you safeguard yourself?

How do you ensure that you are not caught? In the 20232024 tax year, HMRC collected over 10.5 billion in tax from special investi...

With double-digit growth, the equity release market is once again expanding
Investment Advice

With double-digit growth, the equity release market is once again expanding

New lifetime mortgages have increased by 11% in a year, according to industry data, but experts caution about the risks. Is it worthwhile...

There are eight of the best homes available for about £2 million
Investment Advice

There are eight of the best homes available for about £2 million

Picture 1 of 1 A view of a home in Cambridge, Kent's Lynsted. Kent, Lynsted, and Cambridge. A 16th-century house with later addit...

Due to a widespread problem with vacation rentals, the family faces an inheritance tax bill of £1 million
Investment Advice

Due to a widespread problem with vacation rentals, the family faces an inheritance tax bill of £1 million

After assuming they would owe nothing, a family is involved in a legal dispute with HMRC that could result in them having to pay an inher...

The amount of pension required to retire comfortably at age 50
Personal Finance

The amount of pension required to retire comfortably at age 50

To get away from the corporate rat race, many people dream of retiring at age 50. For individuals who are eager to retire early and enjoy...

Will Poland's stock market's recent success be halted by the country's new president?
Investments

Will Poland's stock market's recent success be halted by the country's new president?

When considering prosperous stock markets, Poland is not the first nation that many investors think of. After all, the nation has been pl...

What's changing and what it means for you with the Pension Schemes Bill
Personal Finance

What's changing and what it means for you with the Pension Schemes Bill

20 million workers are anticipated to gain from the government's extensive plans to upend the 2 trillion UK pension savings market. Here ...

Do you qualify for the up to £70 in compensation that millions of shoppers are able to receive?
Personal Finance

Do you qualify for the up to £70 in compensation that millions of shoppers are able to receive?

We go over eligibility, the procedure, and when you can expect to receive the funds. A protracted legal battle against Mastercard...

As the interest rate is raised by HMRC to its highest level since 2007, interest on overdue income tax payments soars to £513 million
Personal Finance

As the interest rate is raised by HMRC to its highest level since 2007, interest on overdue income tax payments soars to £513 million

We go over how interest rates operate and how they affect your tax liability. Since 2020, HMRC has levied interest of 513 million...