The WBSO voor bedrijven is a Dutch tax scheme (Wet bevordering Speur- en ontwikkelingswerk) that partly compensates the costs of innovation projects. The subsidy is available for SMEs and self-employed people who develop products, machines, production processes or software, or do technical scientific research. The subsidy is based on the actual costs and expenses incurred for the development project, and can be set off against payroll taxes or income tax.

WBSO for Large Enterprises: What You Should Know

The subsidy is granted by the RVO (Rijksdienst voor Ondernemend Nederland). To be eligible for the WBSO, you must meet a number of criteria, such as:

After the application has been approved, you can start offsetting the WBSO tax benefit. This requires accurate documentation of the hours spent and the costs and expenses incurred for the project. This is where TimeChimp can help you.

With our digital time registration system, you can easily record and approve WBSO hours in one go. It also makes it easy to export all the hours in the right format for offsetting. This ensures that your administration is compliant and ready for inspection at any time.

TimeChimp is used by many companies that work on WBSO projects. This includes a number of large technology companies and the biggest law firms in the Netherlands. Accurate documentation is crucial to meeting the requirements of the WBSO and other government regulations. With TimeChimp, you can keep an eye on all your R&D hours and the associated costs and expenses, so that you can always be sure that you are eligible for the maximum WBSO subsidy.