Honorarium Acknowledgement Receipt Template for Singapore

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Key Requirements PROMPT example:

Honorarium Acknowledgement Receipt

"Need a Honorarium Acknowledgement Receipt for a guest lecturer who presented at our university symposium, with payment of SGD 2,000 to be made on March 15, 2025, including tax declaration for IRAS reporting."

Document background

The Honorarium Acknowledgement Receipt is essential in Singapore's business and institutional environment where organizations frequently engage external experts, speakers, or advisors for short-term, specialized services. This document provides formal recognition of honorarium payments, ensuring compliance with Singapore's tax regulations and financial reporting requirements. It includes details of both parties, payment information, purpose of services, and relevant tax declarations. The receipt is particularly important for maintaining clear records that distinguish these payments from employment compensation and helps organizations meet their audit and compliance obligations.

Suggested Sections

1. Recipient Details: Full name, identification number, contact information and address of the honorarium recipient

2. Payer Details: Organization/individual name, registration number, and contact details of the party making the payment

3. Payment Details: Specific amount, currency, payment method, and date of the honorarium payment

4. Purpose Statement: Clear description of the services, activities, or reason for which the honorarium is being paid

5. Acknowledgement: Formal statement confirming receipt of the payment and acceptance of terms

Optional Sections

1. Tax Declaration: Optional section for tax-related declarations, particularly when payment exceeds reportable thresholds

2. Payment Method Details: Detailed banking or payment channel information when electronic transfer is used

3. Witness Section: Section for witness details and signatures when formal witnessing is required for higher value payments

Suggested Schedules

1. Schedule A - Service Description: Detailed breakdown of services rendered or activities performed

2. Schedule B - Payment Evidence: Copies of payment proof such as check images or transfer receipts

3. Schedule C - Tax Forms: Attached tax forms or declarations as required by Singapore tax authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Honorarium
Recipient
Payer
Services
Payment Date
Payment Amount
Transaction Reference
Acknowledgement
Tax Year
Payment Method
Service Period
Purpose of Service
Authorized Representative
Witness
Business Day

Clauses

Acknowledgement of Receipt
Payment Details
Service Description
Tax Declaration
Recipient Declaration
Independent Contractor Status
Finality of Payment
Currency Declaration
Governing Law
Signature and Witness

Relevant Industries

Academic Institutions
Non-Profit Organizations
Professional Associations
Research Organizations
Cultural Institutions

Relevant Teams

Finance
Legal
Administration
Human Resources
Events Management

Relevant Roles

Finance Manager
Academic Director
Event Coordinator
Compliance Officer
Administrative Director

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Honorarium Acknowledgement Receipt

Authors

Alex Denne

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