 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
- b2 x9 c/ D. g) n. G& n0 I; JUse this guide if you want information about participating 9 |# {, d, c: D/ X
in the Lifelong Learning Plan (LLP). . J3 i3 h% w" G% R+ D0 m' |9 J4 m
The LLP allows you to withdraw amounts from your 2 t7 X; U* e4 V4 X7 Q, m# [
registered retirement savings plans (RRSPs) to finance ; C: r. n& S5 y( e% h7 X
training or education for you or your spouse or 9 P( B& ?! X) z4 L' E5 x+ N
common-law partner. You do not have to include the
1 H* u* W$ q, d' `+ l* n* \withdrawn amounts in your income, and the RRSP issuer
/ n. W! N( d- x: ~4 M7 Hwill not withhold tax on these amounts.
" }" m7 }7 {+ d8 uYou have to repay these withdrawals to your RRSPs over a # _2 u% J _# [, ]: N
period of no more than 10 years. Any amount that you do 8 ]$ m$ u7 E4 x
not repay when it is due will be included in your income
. X: z5 c9 K+ b# t+ @for the year it was due. |
|