How do you write a formal Request for a tax return extension? We provide a professional Request for tax extension that fits your needs!
If you carry on a trade, profession, or business in form of a corporation, partnership business, or if a non-resident person is chargeable to profits tax in your name, you should complete the profits tax return and any required supplementary forms and file to the tax authorities by the due date.
If you cannot meet the due date, for some reason, you can call the tax authorities to discuss tax submission postponement. In that case, you must apply for a postponement before a certain date, then you will then be (often) granted a postponement for a few months.
You can also ask for a postponement in writing by means of the postponement form, if the authorities provide you this. This is how to notify us of all your relevant details. Otherwise, the procedure to apply for a postponement is as follows:
- Fill in this letter on your computer and print it out.
- Sign and stamp it
- Scan it or sent it Send it by mail and/or email to the tax authorities (email if allowed)
- By doing so you can be sure to have included all the relevant information.
The way you present yourself is important and should always get your utmost attention. There are many rules to follow when writing a formal letter like a Request for a tax extension, and these are the essential rules to follow:
Step 1: Type your address
Type your address and telephone number, flush left on the top of the page. It is not necessary to include your name or title here, as it will be included in the closing.
Step 2: Type the date
Type the date, in the format: month, day, and year on one line below your address and telephone number, flush left.
Step 3: Type the tax authorities recipient’s address
Type the name of the recipient's, include the title, and address on one-line, flush left. Whenever possible, address the letter to a specific individual.
Step 4: Type the salutation
Type the recipient's personal title and full name in the salutation, one line after the recipient's address, flush left, followed by a colon. Leave one line blank after the salutation. Here is a suggestion: use the tax advisors’ full name unless you usually refer to the individual by a first name.
Step 5: Compose the letter
In the first paragraph of the letter's body, you state the request to postpone the request for postponement of the tax submission. It is best to mention a reason, that supports why you need more time. For example, to cushion the consequences of the coronavirus, you have been taking measures.
Please write all the relevant details in the letter, because that will speed up the process. Consider the following important details:
• Incorporation number
• Business registration number
• Tax ID
• Company name
• Date of submission Company Tax return
• Requested date (postponed date)
• Company Stamp
• Signature
In the final paragraph, you need to summarize the purpose of your letter and suggest a suitable course of action to follow. Do not indent the paragraphs. But instead, leave an empty line between each paragraph.
Step 6: Close the letter
Close the letter without indentation, leaving three or four lines for your signature between the closing and your typed name and title.
As you know, communicating in a professional manner with the tax authorities will get you respect which will be helpful to get your request granted. If they impose an assessment on you after you will pay tax interest on it. When granted a postponement. You will receive a letter and confirmation from them within a few weeks.
Therefore, we support you by providing this Request for tax extension template and you will see you will save time and increase your effectiveness. Please note this template is provided for guidance only. Letters and other correspondence should be edited and modified to fit your personal situation.
If you feel overwhelmed by all this information, just download this formal Request for tax extension template now, good luck! Do apply in time to make sure you avoid any further penalties.
Download the ‘Application tax return postponement’ letter now.