Home Buyers’ Plan

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Is this guide for you?
* x6 [0 s  B/ t$ u' T" u0 GUse this guide if you want information about the rules that
apply to the Home Buyers’ Plan (HBP).
What is the HBP?
3 D% O# q. p! X" {The HBP is a program that allows you to withdraw up
to $20,000 from your registered retirement savings plans
(RRSPs) to buy or build a qualifying home. However, the
+ v; d# D8 W+ E; _% Y* ^program sets out certain conditions for participation. If an
- U. k7 q# }5 e: s) P' b  b7 j, u5 c+ Vindividual meets all the applicable HBP conditions, the
withdrawals will not have to be included in his or her
$ }* O4 V" j6 n/ I; m' zincome, and the RRSP issuer will not withhold tax on these
- ~6 q8 g  l4 y! ^  m& o0 [( mamounts. If you buy a qualifying home with your spouse or
common-law partner, or with other individuals, each of
# ?, _' M7 R) y( E9 R( [: Dyou can withdraw up to $20,000.
- ~" A) h' M7 m: r; x1 w" RUnder the HBP, you have to repay all withdrawals to your
RRSPs within a 15-year period. Generally, you will have to
repay an amount to your RRSPs each year, starting the
7 T3 C+ h0 j# M+ T( `second year after the funds are withdrawn, until you have
6 w( n( f, k) G# s; q7 Rrepaid the total amount you withdrew. If you do not repay
# @/ `- W$ l" X7 W$ y: m: Lthe amount due for a year, it will have to be included in
your income for that year.

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再详细一点就好了。

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