Difference between revisions of "Deduction"

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Latest revision as of 18:28, 11 March 2020

Deduction - (noun)

Definition

This is something that has been subtracted from a total. It is commonly used to refer to amounts of money taken from pay, (pay deduction or payroll deduction) for tax and social security.

Extra

Source: Own definition + indirect.gov.uk
Example of Use: Your employer is not allowed to make a deduction from your pay or wages unless it is required or allowed by law.