The WBSO (Research and Development Tax Credit) is a Dutch tax incentive designed to stimulate innovation.
Companies engaged in research and development (R&D) may apply a reduction to payroll taxes for employees performing qualifying R&D activities. Application requires prior approval from the Netherlands Enterprise Agency (RVO). The benefit is applied through the payroll tax return and provides an immediate cash-flow advantage.
If you would like to learn more about the WBSO scheme or how it applies to your situation, please feel free to send us a message.
