When it comes to subsidies, many entrepreneurs think of ‘free money’ but also of administrative obligations and red tape. Coming up with a good subsidy project under the Research and Development (Promotion) Act (WBSO) is one thing, but convincing the subsidy provider is quite a difficult task. Many subsidy applications fail because there is no transition from an innovative and entrepreneurial idea to the legal frameworks of the subsidy provider. Fortunately, you can safely leave the latter to us!
Suppose that, as an entrepreneur, you have come up with an innovative project and are willing to put in the hours to further conceive and develop this project. This will entail expenses. Did you know that you can get part of the labour costs associated with the research and development costs subsidised? This falls under the WBSO subsidy. Moore DRV’s subsidy advisors can support you in applying for this subsidy.
We will start by identifying subsidy opportunities for your business. We will offer guidance from idea to determination. Writing the project plan for WBSO applications is part of our expertise. If you need help setting up the project administration, we will help you with our user-friendly tools.
If the project runs smoothly, we will be happy to take the time accounting registration requirement off your hands. This will save you a lot of time and paperwork. We will communicate interim changes in time spent or project content to the subsidy provider on your behalf. In addition, we will monitor the momentum for entry into the innovation box for you.
A WBSO application is quite simple thanks to the assistance provided by of Moore DRV’s WBSO advisors.
"For the construction of our new greenhouse complex, we worked closely with the subsidy department at Moore DRV. They mapped out the subsidy opportunities, provided insights on how to integrate the requirements into our new plans, and handled the applications for us. Their in-depth knowledge of all subsidy schemes ensured the success of our applications. We never anticipated that it would yield such substantial results."
Barry Middelburg - Leen Middelburg ChrysantenWBSO stands for Research and Development (Promotion) Act (Wet Bevordering Speur- en Ontwikkelingswerk), an attractive tax scheme that encourages innovation in Dutch companies. The WBSO allows entrepreneurs to save on labour costs and other expenses of research and development (R&D) work. The subsidy is offset against the payroll tax payable. This means that, every month, you will pay less payroll tax to the Dutch Tax and Customs Administration. This reduction is:
In addition, the following applies to self-employed workers without employees or other situations:
A WBSO subsidy application can be submitted for:
Dutch companies that pay payroll tax can use the WBSO subsidy, but so can self-employed entrepreneurs who pay income tax.
Want to know more about how Moore DRV can add value to your subsidy application? Leave your contact details here and we will contact you with no obligation.
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