The WBSO subsidy is a powerful tool that supports R&D efforts in Dutch companies. The subsidy partly offsets the wage tax and national insurance contributions incurred for development work on a project basis. The amount is based on the number of hours worked, or, for self-employed entrepreneurs, on an estimate of costs and expenses. The WBSO can be applied for 4 times a year.
The development of new products, machines and production processes is expensive. By using the WBSO subsidy, you can lower these costs and invest more in innovation without affecting your profit margin. However, there are a number of conditions you must meet to qualify for the Wbso subsidie. One is accurate time registration, which is why it is important to keep meticulous records.
What Is the WBSO Subsidy? A Complete Guide for Businesses
To apply for the WBSO, you must submit a detailed project description in which you outline the technical challenges that need to be solved. It is also important to keep detailed administration of the R&D hours worked and the associated project expenses. Failure to keep precise administration may result in a penalty or the rejection of your application.
For many companies, this is a substantial administrative burden. Our experts at Prosuma can help you with the entire subsidy process, from preparing the application to setting up the administration and supporting you during an inspection by RVO. We can also take care of the reporting of realized hours and costs after the calendar year to which a WBSO decision relates.