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  • Letter For Abatement of Penalty - Word

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    Anie Martinez
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    The proprietor of a startup business that began in 2017 writes to request an abatement of Php 27,500 in penalties assessed by the Philippine Health Insurance Corporation for late payments. Due to tight cash flow as a new business still building client relationships and sales, payments were sometimes delayed until funds became available, though the proprietor acknowledges and apologizes for the late payments. The proprietor hopes the officer will consider abating the penalties.

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    The proprietor of a startup business that began in 2017 writes to request an abatement of Php 27,500 in penalties assessed by the Philippine Health Insurance Corporation for late payments. Due to tight cash flow as a new business still building client relationships and sales, payments were sometimes delayed until funds became available, though the proprietor acknowledges and apologizes for the late payments. The proprietor hopes the officer will consider abating the penalties.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    624 views1 page

    Letter For Abatement of Penalty - Word

    Uploaded by

    Anie Martinez
    The proprietor of a startup business that began in 2017 writes to request an abatement of Php 27,500 in penalties assessed by the Philippine Health Insurance Corporation for late payments. Due to tight cash flow as a new business still building client relationships and sales, payments were sometimes delayed until funds became available, though the proprietor acknowledges and apologizes for the late payments. The proprietor hopes the officer will consider abating the penalties.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    January 22, 2020

    Officer-in-charge
    Philippine Health Insurance Corporation
    Pasay City

    Re: Request for Penalty Abatement under Reasonable Cause

    Dear Sir/Madam:

    I am writing to request an abatement of penalties in the amount of


    Php 27,500.00 as per assessment in the EPRS Statement of Ac-
    count.

    I acknowledge and deeply apologize for our late payments. The


    reason was due to tight cash inflows. Our business started year
    2017, and a start-up business, we are still on the process of build-
    ing relationships with clients and increasing our sales.

    As much as we want to settle our accounts on time, sometimes it


    left us no choice but to wait until funds becomes available.

    Hoping for your kind consideration. Thank you.

    Respectfully yours,

    Proprietor

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