In addition to life changing events, each of us have unique goals and aspirations for our lives These require tax efficient investments to allow them to become a reality.

Private health care is a costly necessity. By selecting the correct product for your needs, you will have peace of mind knowing that you will not have to compromise you and your family’s treatment due to financial constraints. By implementing appropriate healthcare plans, more disposable income becomes available to be utilised for retirement.

94% of South Africans are unable to retire financially independent, rendering them a burden on their family or on the state. Alternatively, these individuals continue to work well into their golden years. The earlier you start saving, the less you have to put away each month in order to ensure your financial security at retirement.

Unexpected events can be resolved with accurate estate planning, ensuring that your dependents are not left with excessive tax liabilities. A properly structured Will and Testament secures your last wishes are carried out as you intended. Trust planning, in larger estates, becomes a crucial element to protect the longevity of your legacy.
At times like this you need expert advice, to ensure that your short and long term goals are achieved. FinLogic Financial Services has the knowledge and expertise to guide you seamlessly through this process.

Building and sustaining a successful business requires hard work, dedication and sacrifices- which often impact on your loved ones. A correctly structured buy and sell agreement ensures that your partners have the liquidity to pay you or your family the full value of your shares in the event of your disability or death. Your business’s success is often attributed to the efforts of key people within the organisation. These individuals manage the day to day running of the business and without them; your profitability and success may be affected negatively. Assurance for key people ensures that your business has the capital needed to sustain transitions and minimise the impact of losing important people and their intellectual property.
Contingent liability assurance provides liquidity in your overall estate to settle liabilities and to honour any suretyships. This will ensure that your family is not negatively affected financially in the event of your death.

No business can run without a productive workforce. By offering your employees benefits such as life and disability cover, funeral benefits, private health care and retirement planning, you earn loyalty, decrease absenteeism, increase productivity and secure staff retention. In addition, by having appropriate employee benefits, you ensure that should any of your staff suffer a life changing event, that it will not become a liability to your company. By giving your employees tailored-made benefits, you can ensure their peace of mind in terms of their family’s financial security.

Employees could approach a specialised tax consultant which could be quite costly and difficult to find. Alternatively companies could provide specialised tax consulting for their employees, which creates an additional cost for the company.

Finlogic is a registered authorised financial services provider, and is therefore authorised and held accountable for financial advice given. Finlogic together with VIP Softline, has developed a programme which assists our consultants to structure salaries effectively, utilising all available tax allowances and deductions. These tax savings are redirected to the employee as increased take-home income.

Finlogic offers this service on a fee basis, only to employees who are willing to participate. The fee is the first month tax saving that has been created for the employee. There is no cost to the company. Through creating a tax saving and increasing the employees take home income, a happier working environment is created, encouraging a more committed work force. Head hunting by competitors becomes more difficult as an increased cost to company package will have to be proposed to achieve the same net income. Our consultants will re-evaluate the employees’ salary structure in such events as annual / performance increases; promotions; and resignations. When a new appointment is brought to our attention, a consultant will be appointed to structure the employee’s package.

Once the authority has been given by the company, the HR department will be requested to give a list of their employees and their contact numbers. Our consultants will then set up an appointment with each employee individually, to maintain confidentiality. The first appointment is designed to gather the information, which takes approximately fifteen minutes. Our consultant will then utilise the VIP system which will assist in finding the most tax efficient structure. A second appointment will then be set up to explain how the structure will work and attain the approval from the employee. The HR department will then be updated with the new structure which can be instituted the following month.