The phrase "amount is deducted from" is correct and usable in written English.
It can be used in financial contexts to indicate that a specific sum is being subtracted from a total or account.
Example: "The total amount due will be calculated after the amount is deducted from your initial deposit."
Alternatives: "sum is subtracted from" or "total is reduced by".
This amount is deducted from basic pay, meaning that no tax or NI is payable on it.
Since a certain amount of water is supplied from the dam to the town of Tavsanli as drinking water, that amount is deducted from the total and is not allowed to be used in the process of electric power generation.
When the check does arrive, you bring it with you to your next OpenTable outing (if you remember), present it to the waiter when you get the tab (ditto) and the amount is deducted from the total.
The fee amount is deducted from the amount that you borrow.
The benefit plans are structured in a similar way: A small amount is deducted from the paycheck of nearly every working resident of the state.
When an auction is over, the purchase amount is deducted from the winner's credit card, and then buyer and seller find a time to exchange the item within 48 hours.
Danny Jordaan, head of South Africa's FA, is quoted as confirming that the amount was deducted from a Fifa payment to the country in 2008.
This can cause problems for employees such as wrong amounts being deducted from their pay.
"I can get on the tube, I can get on a bus and just wave it in the general direction of the cashless receiver and, completely painlessly, very small amounts are deducted from my bank account," he told the audience at the British ambassador's residence.
Fees: When you borrow a Graduate PLUS Loan, the federal government charges an origination fee of 4.076% of the disbursed loan amount, which is deducted from your loan principal before your student loan is disbursed and sent to your school.
Fees: When you borrow a PLUS Loan, the federal government charges an origination fee of 4.264% of the disbursed loan amount, which is deducted from your loan principal before your student loan is disbursed and sent to your school.
