WBSO Subsidy is a tax break that makes it possible to lower R&D costs for companies. This scheme offers a significant reduction in payroll tax (R&D tax) for companies and self-employed entrepreneurs who carry out R&D work for themselves or on behalf of third parties. Typically this is work that requires substantial technical challenges, like developing products, machines, production processes or software.

This WBSO subsidy gives Dutch businesses the opportunity to invest in innovation. It enables them to pursue projects that would otherwise not be viable due to financial constraints. This is especially important for SMEs, which often do not have the resources that larger companies have. This can help them to gain a competitive edge and drive growth. Read more https://hgm.eu/wbso-subsidie/

However, the application for this subsidy is complex and there are many pitfalls to watch out for. If these are not avoided, it can easily result in a denied application and even penalties from the authority.

What Is the WBSO Subsidy? A Complete Guide for Dutch Businesses

One of the most crucial conditions for submitting a successful WBSO application is keeping accurate time records. This is because the amount of wage tax that you can claim for your employees is determined by the number of hours spent on the innovation projects that qualify for WBSO. Therefore, it is essential that your employees keep track of the number of hours worked on each project.

We offer our clients full guidance throughout the entire process of applying for and optimizing their WBSO subsidy. This includes preparing and filing the application, helping with setting up the administration (for IT projects we also have a tool that relieves developers of this administrative task by reporting on time spend based on code commits, guaranteeing full compliance with the WBSO regulations), and supporting you during inspections from RVO.