Are you in need of a Covid 19 Penalty Abatement Letter Sample? Look no further! Below, you will find an example of a letter that you can use as a template. Feel free to modify it to suit your specific situation and needs.
Explaining the Need for Covid 19 Penalty Abatement Letter Sample
During these challenging times brought on by the Covid-19 pandemic, many individuals and businesses have faced financial hardships and difficulties meeting their obligations. As a result, penalties may have been incurred due to late payments or non-compliance with certain regulations. Writing a penalty abatement letter can help explain the reasons for the penalties and request leniency from the authorities.
Example of Covid 19 Penalty Abatement Letter Sample
I am writing this letter to request penalty abatement for the late payment of [specific fee or tax]. Due to the unprecedented challenges posed by the Covid-19 pandemic, my business has experienced a significant decline in revenue, making it difficult to meet our financial obligations on time.
We have been a loyal and compliant taxpayer for many years, always fulfilling our duties promptly. However, the current circumstances have placed a strain on our resources, making it impossible to make timely payments.
I am requesting your understanding and leniency in this matter. We are committed to rectifying the situation as soon as possible and ensuring that all outstanding payments are made in full. Your cooperation in waiving the penalties would greatly help alleviate the financial burden on our business during these challenging times.
Thank you for your attention to this matter. I appreciate your understanding and consideration.
Sincerely,
[Your Name]