 鲜花( 0)  鸡蛋( 0)
|
Is this guide for you?
, [* @+ g3 u0 r6 G& C7 KUse this guide if you want information about participating " u: I; l1 ]# y; l3 z1 H( I, L( n7 T
in the Lifelong Learning Plan (LLP). ! O w% u+ Q* x! b+ m# j8 _
The LLP allows you to withdraw amounts from your ( o% I4 u# r6 \9 [$ z
registered retirement savings plans (RRSPs) to finance ) N% D6 ?. Q0 J& ~
training or education for you or your spouse or 1 z# U( Z% s% o' j
common-law partner. You do not have to include the : ]5 Z. z" \, v! X" ~! `( K3 C
withdrawn amounts in your income, and the RRSP issuer 5 F& k c% k: I2 z4 T: j2 m; T
will not withhold tax on these amounts.
! J+ P, S: X5 |7 p0 vYou have to repay these withdrawals to your RRSPs over a
. v' `/ i: M' p7 l1 T. T' q5 U7 mperiod of no more than 10 years. Any amount that you do : v) u5 B h% O! e$ S
not repay when it is due will be included in your income
& G( w. c* g# x0 c% bfor the year it was due. |
|