 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
+ i% U$ U O( FUse this guide if you want information about the rules that
7 C0 V" {) n8 V) k( o) U( Vapply to the Home Buyers’ Plan (HBP).
5 B% l% M) ?5 t L$ Z0 z( B4 K2 G, LWhat is the HBP?& Z. Z# t+ w% } v* I ]& {
The HBP is a program that allows you to withdraw up
% e5 {' ~; c. g' ^1 y7 T9 ^' oto $20,000 from your registered retirement savings plans+ J. Z: O& N' x* F# A) O
(RRSPs) to buy or build a qualifying home. However, the- H+ W& c p6 _) }/ D. x0 M- z
program sets out certain conditions for participation. If an$ ^) ?. d% ]1 f
individual meets all the applicable HBP conditions, the
6 C4 i# \" q# ?( P7 T0 cwithdrawals will not have to be included in his or her/ J* t, e# w/ V7 Z: N5 o
income, and the RRSP issuer will not withhold tax on these
+ a- g! e3 S6 A, oamounts. If you buy a qualifying home with your spouse or
- Q) C0 b8 Q% O T7 E% tcommon-law partner, or with other individuals, each of
: }' |5 A z/ `! hyou can withdraw up to $20,000.% ]# q, _( O* `
Under the HBP, you have to repay all withdrawals to your
7 }) p. ~ L- h* p7 r% eRRSPs within a 15-year period. Generally, you will have to' [$ K% z# Y5 G5 }
repay an amount to your RRSPs each year, starting the# h" f/ ^3 ~0 x# F
second year after the funds are withdrawn, until you have
: S X, E8 e. i1 k$ l, Vrepaid the total amount you withdrew. If you do not repay
4 H$ X7 c# `' M% \the amount due for a year, it will have to be included in
B4 ]( \+ S1 R$ }7 vyour 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
