Subsidie WBSO (Wet Bevordering Speur- en Ontwikkelingswerk) is a pivotal financing instrument that helps businesses to lower R&D wage tax costs. However, leveraging the benefits of this R&D incentive scheme requires strict adherence to certain administrative practices, such as accurate logging of R&D hours. Failure to adhere to these standards can result in claim denials, which means lost funding opportunities for your business.

Maximizing Your WBSO Subsidy: Tips for a Successful Application

In order to qualify for the WBSO subsidy, your R&D project must be eligible for a deduction of wage taxes and national insurance contributions of up to 32% for companies and self-employed persons (and up to 16% for starters) and your company must have a sufficiently technical challenge. You also need to keep meticulous records – this is key for compliance and in case of an inspection by RVO.

During an inspection, the Rijksdienst voor Ondernemend Nederland (RVO) examines your time and project administration in detail to see whether your administration meets the required conditions. If necessary, you receive official advice to bring your administration up to speed. At Prosuma we guide you throughout the entire process. We prepare your application, advise you on setting up the administration and support you during any inspections by RVO. We also take care of the reporting of realized hours and costs after the calendar year to which your WBSO decision relates. Our clients often also use our software services for managing their WBSO administration. This makes it easy for you to manage your R&D projects and keep the required records at all times.

Leave a Reply

Your email address will not be published. Required fields are marked *