deductible
કપાતપાત્ર
definition
noun
a traditional insurance policy with a low deductible
(in an insurance policy) a specified amount of money that the insured must pay before an insurance company will pay a claim.
adjective
child-care vouchers will be deductible expenses for employers
able to be deducted, especially from taxable income or tax to be paid.
example
There are two methods for determining 'deductible' automobile tax expenses.
An employer may instead choose to treat the amount as regular 'deductible' business expenses.
Fortunately, mileage is a 'deductible' business expense, so you can recoup some costs when you file your tax returns.
Most recently, major employers have advocated for a repeal of the limits on 'deductible' employer contributions to pension plans.
Generally, under this method, 15 percent of the taxpayer's gross income from an oil or gas producing property is 'deductible' each tax year.
Article 19 makes provision for the calculation of the 'deductible' proportion.
Finally, do not forget the taxman, as tax is due at your highest rate on all rental income less the following 'deductible' expenses.
Taxable amounts increase taxable income in the future while 'deductible' amounts will decrease taxable income in the future.
If a break was taken and the precise length of the break was not ascertained, it would be assumed that the 'deductible' period was 30 minutes unless evidence to the contrary was available.
But the companies get a deduction, because the gains count as employee compensation, a 'deductible' expense.
It limited knowledge to empirical, demonstrable, or rationally 'deductible' information.
A plan may set higher co-payments and 'deductible' levels for mental health care.
This interest relief from 1st January, 2002, is a 'deductible' expense against rental income on residential properties.
Your own salary would constitute a 'deductible' expense in determining any profit figure.
Whether you're looking for a job or moving to start a new one, keep careful records of all your potentially 'deductible' expenses, Roth says.
The yearly 'deductible' charge (the amount the enrollee must pay before the plan starts to pay for any medicines) varies up to $250.
He carries a $100,000 'deductible' policy on condo projects, which represent a quarter of his work.
The interest you pay on your mortgage will be allowed as a 'deductible' expense against rental income.
If you buy a house, keep track of 'deductible' mortgage expenses and your mortgage interest.
She said the measure was aimed at making local wheat production more competitive by allowing millers to claim back any VAT incurred on their 'deductible' purchases.
Many individual policies offer low premiums but high 'deductibles' - up to $5,000 in some cases.
Thus, the abolition of tax shelter 'deductibility' was made retroactive, imposing huge penalties after the fact.
In many cases, business owners believe they'll never have a claim large enough to justify the expense of insurance policy premiums and 'deductibles' .
The CEO who asks for a special medical fund to finance the insurance 'deductibles' in his or her health benefit package.
Proper documentation also ensures both income tax 'deductibility' and goods and services tax input tax credit eligibility.
While young and healthy workers can obtain catastrophic insurance relatively cheaply, many are still hard-pressed to pay the premiums and 'deductibles' .
His health savings account requires insurance plans with high 'deductibles' , which undermines the goal of preventive care.
Non-group insurance is expensive: premiums and 'deductibles' are higher and overall plan benefits are less generous than for group plans.
The real test is to compare how much you would likely spend without coverage vs. what the premiums, 'deductibles' , co-pays, and uncovered treatments together would cost you.
Insurance companies, for instance, are talking about premium credits, lower 'deductibles' and rebates for steps such as commissioning of buildings.
Credits: Google Translate
