In an era where technological innovation is key to success, the WBSO subsidy makes it more affordable to invest in R&D. In fact, this Dutch tax incentive lowers your company’s wage taxes and national insurance contributions by granting a fixed deduction per employee based on the number of R&D hours declared. HGM WBSO subsidie
Is Your Project Eligible for WBSO? How to Check
SMEs and start-ups stand to benefit the most from this subsidy, as they may lack the resources to heavily fund their own research. This also applies to self-employed individuals working on cutting-edge projects, for whom the WBSO subsidy is available as a ZZP or sole proprietorship deduction. However, in order to take advantage of this financial relief and maintain compliance, companies must have a well-formulated plan for how they intend to spend their WBSO hours. They must also meticulously keep records that can be inspected at any time by the Dutch RVO.
This administrative burden can drain teams, diverting their attention away from what matters most—innovation. Not to mention, inaccurate or incomplete records can trigger costly audits and serious reputational damage with the RVO, which could force you to repay large portions of your subsidy. Luckily, by implementing the right systems and strategies, you can avoid these pitfalls and fully leverage this valuable financial incentive.