Investment in Canadian Businesses (like VoltSafe Inc.) Can Carry Big Tax Benefits
It’s that time of year – time to think about planting your spring bulbs and freshen up that wardrobe as tax slips start arriving in your mail. Tax time is upon us and it’s time for your RRSP and TFSA contributions.
Investing in a Canadian company like VoltSafe as part of your RRSP and TFSA contribution can provide multiple tax benefits. Investors looking for some growth along with tax savings can benefit by investing in a Canadian innovators like VoltSafe Inc. Investors can feel good supporting an award winning home grown company while reaping in the tax savings benefits. Win, win!
With a minimum $3,000 investment in VoltSafe through our current FrontFundr equity crowdfunding campaign, investors can take advantage of some amazing tax benefits and get in early with a company that is quickly soaring to new global heights …
Invest in VoltSafe. Reduce Your Taxes. It’s That Simple.
You can use your investment in VoltSafe made within an RRSP to reduce your taxes. If you contribute to your RRSP through VoltSafe’s FrontFundr raise, you can reduce your tax owing on your 2025 taxes. This provides a fantastic tax benefit by paying less income tax. The investment itself grows tax-free within the RRSP. You don’t pay capital gains tax or taxes on dividends and interest until you withdraw the funds. Since RRSP withdrawals are taxed as income upon retirement (when investors are typically in a lower tax bracket), you may end up paying less tax overall, too.
If you are looking to take advantage of the benefit of lowering your tax owing and allow your RRSP investment to grow tax free, simply invest a minimum of $3,000 in VoltSafe Inc. through our FrontFundr campaign. Make sure to check your Notice of Assessment to confirm your RRSP contribution limit for the year before making your contribution.
A TFSA Investment in VoltSafe for Tax-Free Growth
If a tax deduction would not benefit you and you are looking for an opportunity to invest in a Canadian company and want your gains from the growth of the company to be sheltered, then an investment in VoltSafe within a TFSA account will allow your investments to grow completely tax-free. When it comes time to make withdrawals from your TFSA, any gains from the investment will not be taxed, making it an excellent tool for long-term wealth accumulation. The Government of Canada allows Canadians to invest a maximum of $7,000 in 2025 toward a TFSA account. Investors can take advantage of investing in VoltSafe Inc. within their TFSA account with a minimum of $3,000 investment, once again, through FrontFundr.
BC Venture Tax Credit
There’s a bonus for BC-based investors, too. If you are a resident of BC, a minimum $5,000 investment in VoltSafe Inc. through FrontFundr allows you to claim a 30% refundable tax credit through the BC Venture tax credit program. If you make this investment in an RRSP account, you can claim both the BC Venture tax credit as well as take advantage of the RRSP deduction.
Award-Winning Canadian Deep Tech Delivering Big Benefits
VoltSafe Inc. provides a compelling investment opportunity for investors looking to support the growth of a Canadian company while taking advantage of these tax benefits. The company has been on a trajectory that shows the potential for high growth. A disruptor in the electrical connector market, VoltSafe Inc. has no competitors and has managed to secure patents for its technology to protect its IP.
The company has won several awards for its innovative patented technology which is adaptable to different sectors such as marine, home and autonomous and flexibility to be applied to various high voltage delivery needs in a safe way while also helping to manage energy usage.
VoltSafe Inc. was named by Foresight Canada as One of Canada’s Most Investable Cleantech Companies 2 years in a row. The company was also awarded the The Smart Home CES Innovation Award, IBEX Innovation Award, Vehicle Tech and Advanced Mobility CES Innovation Award. CTO (Chief Technical Officer), Sanad Aridah, was most recently awarded with a Young Leader Award at the DOCKS Expo in Nashville, Tennessee. The company has also been invited to participate in accelerator programs that foster innovation in multiple sectors and has been sought out by several sectors seeking a VoltSafe solution to deal with electricity safety and connection issues that they currently face.
The marine industry, for example, is rife with safety issues from fire hazards to electrocution and expensive dock damage. VoltSafe’s marine shore power solution is the only solution that helps marinas solve these safety issues and compliance regulations, in a burgeoning multi-billion dollar industry.
All parties in the Canadian government have spoken about investing in innovation in order to ensure that Canada can compete on the world stage. VoltSafe is primed for growth in multiple sectors with vertices in the marine, home, medical clinics and service vehicles and defence sector.
There’s No Time Like the Present
With our innovative marine shore power solution set to hit docks across North America in 2025, we’re actively transforming how power is delivered and managed in marine environments, one slip at a time. In addition, we have many verticals that are interested in employing VoltSafe Technology in their respective industries. Stay tuned for many more breaking news updates by following us on social media throughout the year.
For a limited time, Canadians can invest in our award-winning, patented technology that is currently leading the charge in a safer, smarter way to connect to and manage electricity. If you or someone you know is interested in joining us on this incredibly powerful journey, email us at invest@voltsafe.com or visit our investment page on FrontFundr today.