 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
" L% U9 X4 f! U. `0 KUse this guide if you want information about participating
5 W4 c" z4 [5 v, u0 B" l0 v+ V6 u; u. }in the Lifelong Learning Plan (LLP).
9 K, ~8 q* p! d! Q$ u% C9 nThe LLP allows you to withdraw amounts from your : Z. h5 t2 v; ]3 Z' r
registered retirement savings plans (RRSPs) to finance
6 S- Y- b) ], \4 L# g$ dtraining or education for you or your spouse or
0 T- A2 [8 q: D% V) v2 U$ g6 X4 Lcommon-law partner. You do not have to include the
, z4 ~' x g7 Z* s% t+ ~withdrawn amounts in your income, and the RRSP issuer 3 M: L# T7 \' M9 Y8 Z9 m7 N8 T9 ^$ o
will not withhold tax on these amounts. 0 w4 f% i7 E; ~) t& W6 z/ R2 L. B7 v
You have to repay these withdrawals to your RRSPs over a ' {* E5 a1 q' T- n, U
period of no more than 10 years. Any amount that you do
# m7 q* B+ K' \1 jnot repay when it is due will be included in your income - K# i9 f9 K/ _% T) z
for the year it was due. |
|