 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
f; s- [9 a/ O9 F( AUse this guide if you want information about the rules that
, i* z/ [5 x/ Eapply to the Home Buyers’ Plan (HBP).* y) Y$ x# i" v
What is the HBP?0 {9 l6 A: W! q6 {) \2 ^3 x* `
The HBP is a program that allows you to withdraw up
8 s4 n1 _! {8 q2 ~4 Z9 ]4 Z- |5 vto $20,000 from your registered retirement savings plans8 P+ _* ]9 s% W( o- O, X0 @
(RRSPs) to buy or build a qualifying home. However, the5 g P, H) J8 Z+ w; Y6 t7 W
program sets out certain conditions for participation. If an8 }) g& T8 m+ O. [' R
individual meets all the applicable HBP conditions, the
, T1 l7 C8 L% X1 y- u& E5 Zwithdrawals will not have to be included in his or her3 ~. b2 P, x5 o7 J
income, and the RRSP issuer will not withhold tax on these5 m/ P6 U0 v0 Z2 Q
amounts. If you buy a qualifying home with your spouse or
$ S/ W- |' L- s* F5 h. i: z5 R7 ecommon-law partner, or with other individuals, each of4 u3 e1 ~0 s% N
you can withdraw up to $20,000.- I: \7 {" v9 K+ A
Under the HBP, you have to repay all withdrawals to your
' b2 r- S3 [# bRRSPs within a 15-year period. Generally, you will have to
, k4 l6 {7 i5 E( Drepay an amount to your RRSPs each year, starting the
/ @" O# C2 J6 csecond year after the funds are withdrawn, until you have
# S4 R8 O' |: `3 E \: srepaid the total amount you withdrew. If you do not repay, s* Z* j6 q) e8 E% y
the amount due for a year, it will have to be included in% a, C2 a* b8 r
your income for that year. |
|
狗仔卡
发表于 2004-9-8 07:23
提升卡
置顶卡
沉默卡
喧嚣卡
变色卡
显身卡
楼主
