tax-deductible

deductibility

noun[ U ]
The first provision in the bill calls for immediate and full deductibility of health-insurance premiums for the self-employed.
deductible
noun[ C ]
US(Australian alsodeductable)uk /dɪˈdʌktɪbl̩/ us /-ṱə-/
an amount of money that is taken away from the money paid to an employee before it is given to them:
The increase in the deductible could eat away a worker's entire pay increase for the year.
INSURANCE (UKexcess)
a part of the cost of an accident, loss, injury, etc. that you agree to pay yourself when you buy insurance:
The company's insurance covers the cost of accidents, minus a $500 deductible, for members of all ages.

Examples of deductible

deductible
It includes types of taxation and categories of taxable income and deductible allowances, etc., for income tax purposes.
Limited use is made of copayments or deductibles.
Since 1990, private healthcare expenditures have been encouraged by the fact that most healthcare expenditures are fully deductible from personal taxable income.
Inferring risk tolerance from deductibles in insurance contracts.
Such changes include the level of benefits and the time until benefits are paid (like the deductible in an insurance policy).
By a 'high deductible' is typically meant $1,000 or more.
It was known long ago that co-payments and deductibles will lower health care utilization, but, for the most critical illnesses, they make no difference.
A deductible is a fixed amount to be paid by the insured individual before any insurance benefit is paid.
They operate through four main mechanisms: exclusion policies, coinsurance, copayment, and deductibles.
Underlying these and other limitations, such as copayments, deductibles, plan maximums, and restriction of covered services, was the socially perceived need to limit the growth of healthcare costs.
It is clearly necessary for the amount deductible to be notified to those responsible for issuing pay and keeping accounts.
From the
Hansard archive