Penalty Waiver Request

Penalty Waiver Request

A Penalty Waiver Request is a formal appeal made by a taxpayer to the tax authority, seeking relief from penalties imposed for late payment, late filing, or non-compliance with tax obligations.

This request typically outlines the reasons for the taxpayer’s failure to comply with tax requirements and may include evidence of reasonable cause, such as illness, natural disasters, or other circumstances beyond the taxpayer’s control. Tax authorities often consider the taxpayer’s compliance history and the validity of the reasons provided before deciding whether to grant the waiver. If approved, the penalties may be reduced or eliminated.