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dutchgrant Archieven - WBSO Software Specialist

WBSO: Who is qualified?

By | Subsidy

Any entrepreneur in the Netherlands can be qualified for the WBSO subsidy help. The company can be of any size and can be working in any business field. The WBSO distinguishes between entrepreneurs who withhold payroll taxes (inhoudingsplichtigen) and who are subject to wage tax (belastingplichtigen). This article provides more information about tax regulations and the WBSO conditions.

R&D tax withholding agents

Entrepreneurs are qualified for a reduction in the payroll tax if they conduct business within the meaning of the regulations on corporate tax or employ staff who carry out R&D.

R&D tax withholding agents are entrepreneurs who manage a business that is not a public knowledge institute. They should carry R&D activities and withhold payroll taxes on behalf of their employees. Before becoming an R&D tax withholding agent, an entrepreneur should be issued a payroll tax number from the Dutch Tax and Customs Administration.

Holding company / operating company 

Both entrepreneur’s operating company and the holding company have to apply for the WBSO if their employees carry out R&D.

Tax entity 

In case a company hires employees to a third party, they fall under the WBSO only when organising the R&D work at the third party’s company. An exception to this is made for hiring in or hiring out employees. Employees may be hired in or out for R&D, for example, by an employment agency or by companies within a tax entity that carry out work on a specific project. When employees are hired in and out by companies within a tax entity, each employing company needs to submit an application.

Trainees

The R&D hours worked for the WBSO can include hours worked by trainees and students working on their graduation project. However, only if they are employed by the company and all the R&D conditions are met.

R&D taxpayers 

 A self-employed entrepreneur who manages a business within the meaning of the Wage Tax Act and works on R&D for at least 500 hours in a calendar year is qualified for an R&D tax credit. In this case, self-employed is indicated as an R&D taxpayer. A self-employed entrepreneur can submit more than one application, in case they manage a business through more than one company with R&D activities. A self-employed person cannot claim for costs and expenditures, neither can choose a fixed sum. Those entrepreneurs who hire salaried employees for R&D work can also apply for a WBSO tax credit as payroll tax withholding agents.

 

Contac the WBSO Software Specialist if you want to get more information about subsidies and grants for entrepreneurs in the Netherlands

Source: rvo.nl

Leader’s 3 survival traits during crisis

By | Business

We all are facing difficulties during these uncertain times. However, it is essential to realize the importance of moving through. Businesses should find ways of making operations stronger after the time of distress. However, it is impossible without a strong spirit of the team, mutual support and confident leaders. Powerful leadership is an essential aspect of survival during hard times. We want to provide you with 3 primary traits that are essential for leaders and can help to keep business alive during the crisis.

1. The mission should stand

A mission statement is the most important and powerful principle that edify managers and employees why they work for the business and what their collective goals are. Strategy and approaches can change, however, the company’s mission should stay consistent.

2. Leaders have to stay open-minded during a crisis

The whole economic environment will change significantly as a consequence of the coronavirus pandemic. Therefore, leaders need to stay open-minded and come up with innovative solutions.

The post-crisis environment will require updated corporate strategy processes and business partners for a company to stay competitive. It is the leader’s responsibility to invent a competitive game plan.

3. Determination is a source of benefits

The coronavirus crisis became a major challenge for companies. They are losing their clients and have limited operation capacities. Nevertheless, a health crisis merely represents one obstacle out of many hundreds that a successful company should be ready to face. Other big threats, for example, can be financial liquidity, technology failure, and operations failure.

However, it is important to remember that business based on passion is fuelled by determination. The crisis is not fatal with smart planning and confidence. It can even improve the way a company operates and relations inside the team.

Crisis setting forces managers and employees to be more creative, to cut needless costs and to focus on active improving the customer segment. As a result, companies should become leaner and meaner, obtain a new ability to outperform rivals with innovative strategies after the crisis setting has gone.