Question

Payment of Honorarium to Secretary is Treated as

Answer 1

The honorarium payment is an example of an outside expenditure for the organisation, whereas costs paid to outsiders are an example of a revenue expenditure. As a result, honorarium spending is a revenue-generating activity. An honorarium is a payment made to a person for services that are not legally or customarily obliged to be paid. Honoraria are usually given to assist pay the costs of volunteers or guest lecturers, and they are taxable.