Home Buyers’ Plan

享受生活

Is this guide for you?
$ z: [* ~# N3 ^, iUse this guide if you want information about the rules that
apply to the Home Buyers’ Plan (HBP).
( Z; j2 F6 w/ C4 X; wWhat is the HBP?
: ^  |. x) E' d' N! n/ Y6 \The HBP is a program that allows you to withdraw up
to $20,000 from your registered retirement savings plans
6 q6 ?) Q( a0 Q: H3 \(RRSPs) to buy or build a qualifying home. However, the
program sets out certain conditions for participation. If an
& b3 q) n% T, f) B9 ^individual meets all the applicable HBP conditions, the
! Q2 ]7 A" _* f, L# g$ Kwithdrawals 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
8 i  v; F! S" D- y" a; C. Lcommon-law partner, or with other individuals, each of
you can withdraw up to $20,000.
) q& L$ _3 j* \; S3 I' mUnder the HBP, you have to repay all withdrawals to your
RRSPs within a 15-year period. Generally, you will have to
repay an amount to your RRSPs each year, starting the
# W9 u' R( B/ b2 k+ N* p2 Bsecond year after the funds are withdrawn, until you have
repaid the total amount you withdrew. If you do not repay
2 v9 F8 |- [' tthe amount due for a year, it will have to be included in
your 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?