Home Buyers’ Plan

享受生活

Is this guide for you?
  L; \* A; l8 y; L7 f- KUse this guide if you want information about the rules that
: ~% n. B: ^- G" P/ P3 K' uapply to the Home Buyers’ Plan (HBP).
1 a- p! u- _' e4 H# c$ ]9 t. gWhat is the HBP?
The HBP is a program that allows you to withdraw up
to $20,000 from your registered retirement savings plans
( ~4 M  D) S$ i( [(RRSPs) to buy or build a qualifying home. However, the
! D5 g& r+ P9 h& g1 B; K7 Sprogram sets out certain conditions for participation. If an
& V" B2 l  S7 [0 Yindividual meets all the applicable HBP conditions, the
withdrawals will not have to be included in his or her
income, and the RRSP issuer will not withhold tax on these
amounts. If you buy a qualifying home with your spouse or
, `* A5 R: r) P+ r$ K6 scommon-law partner, or with other individuals, each of
7 n! k' }3 |; pyou can withdraw up to $20,000.
Under the HBP, you have to repay all withdrawals to your
/ V9 t6 M: \7 `; i5 d. K0 S: ?RRSPs within a 15-year period. Generally, you will have to
. c. J' p  l7 Wrepay an amount to your RRSPs each year, starting the
second year after the funds are withdrawn, until you have
repaid the total amount you withdrew. If you do not repay
% x7 u+ k' a# \1 a2 ^: c$ A; wthe amount due for a year, it will have to be included in
. o+ R- ^; z- ~8 P8 zyour income for that year.

平常

再详细一点就好了。

享受生活

有更详细的，可惜文件有200－300KB

qsy

What' meaning?