 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
* w0 |/ z* M1 _ fUse this guide if you want information about participating # k" X. x3 o" w" X8 W
in the Lifelong Learning Plan (LLP). ( l/ z9 l! V/ L. u% T/ a/ U' z
The LLP allows you to withdraw amounts from your : X8 H' Q+ K2 }( _9 s* V
registered retirement savings plans (RRSPs) to finance
& l' I8 K9 u! `9 Wtraining or education for you or your spouse or
, F+ p. D1 g- e3 Q, A" e8 Q: z7 }common-law partner. You do not have to include the 5 l& c* P' T; u- |" U4 U. Q" s
withdrawn amounts in your income, and the RRSP issuer , b1 J. S$ W' M% N) S# r8 \
will not withhold tax on these amounts. 2 S) Q I0 T$ z6 P
You have to repay these withdrawals to your RRSPs over a
: M& w7 S7 `8 o( F3 C$ Iperiod of no more than 10 years. Any amount that you do 0 R# y/ M. |( \0 s8 O
not repay when it is due will be included in your income
0 T" F& y0 o, L$ L; \for the year it was due. |
|