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• Rather than increase premiums for those that choose the medical plan, they will be increasing employees' deductibles.
• You can get insurance for your pet for a premium of $97.50 a year, with a $50 deductible.
• Only 80% of dining and entertainment costs are deductible as a business expense.
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However, the supplementary benefit that he was receiving was deductible from the figure awarded as damages.
Expenditure by private persons on education and training is rarely deductible for income-tax purposes.
»deductible expenses
The first provision in the bill calls for immediate and full deductibility of health-insurance premiums for the self-employed.
The increase in the deductible could eat away a worker's entire pay increase for the year.
The company's insurance covers the cost of accidents, minus a $500 deductible, for members of all ages.
1. For example, if you get into an accident and your medical expenses are $2,000 and your deductible is $300, then you would have to pay the $300 out-of-pocket first before the insurance company paid the remaining $1,700. However, if your accident only resulted in $300 in medical expenses, then you would pay the $300 deductible and the insurance company would pay nothing.
2. There are many types of expenses you can use to reduce the amount of your taxable income such as healthcare expenses, interest expenses (i.e. mortgages, car loans), legal fees and investment-related expenses. However, for those with brokerage accounts, fees such as commissions paid for trades are not deductible.
2) франшиза (освобождение страховщика от убытков, не превышающих определённого процента от страховой оценки)
• Of concern to a CPA
• An amount that can be deducted (especially for the purposes of calculating income tax)
• A clause in an insurance policy that relieves the insurer of responsibility to pay the initial loss up to a stated amount
який підлягає відрахуванню
- deductible clause- deductible proportion
франшиза; від'ємна франшиза (страх.) {США}