What does this year’s Prinsjesdag mean to your business?
Every third Tuesday in September, the so-called Prinsjesdag takes place in the Netherlands. This is a time when the reigning monarch addresses a session of the Dutch Senate and House of Representatives and gives a speech about the main features of government policy for the following year. Are you curious to hear about the announcements and how this is relevant for your business? Thinking of applying for a subsidy and are you not sure if anything has changed in the subsidy policy? Read on then!
WBSO: from 2020, you can apply for it 4x per year!
Instead of applying for the WBSO 3x a year; starting in 2020, you can apply for this popular innovation subsidy 4x per year! Applying for this subsidy is becoming increasingly flexible, too. As desired, the application process will be shorter and simpler!
Because of the Climate Agreement that aims to reduce CO2 levels by 49% by 2030, the Energy Investment Allowance (EIA) subsidy will be broadened to support investments in heat infrastructure. So, this is your chance to make your business more sustainable!
MIA: budget increase
For the Environmental Investment Allowance (MIA), the yearly budget was increased from €114 million to €124 million. Apply for this subsidy now!
Innovation Box: the rate goes up by 2%
If innovative entrepreneurs make profit from their activities, they’ll pay less corporation tax on it in 2020. This is because with the Innovation Box, you’ll keep more of the profits, since the subsidy rate will go up from 7% to 9%.
€30 million from the total amount will be granted to pilot-projects and projects in the demonstration stage to speed up the CO2 reduction in the industry sector and thankfully, a lot of this amount will be transferred to the DEI+ subsidy.
SDE+: broadening of the subsidy
The Cabinet has announced that the SDE+ subsidy will not only cover renewable energy projects – projects contributing to the CO2 reduction will be soon included too. This is done to contribute to the Climate Agreement goals of 2030.
On-the-job training subsidy: extra budget
€49 million will be available for life-long learning in SMEs. Almost €11 million from this amount will be transferred to the On-the-job training subsidy, meaning that employers in the agriculture-, hospitality- and recreation sectors will get an extra subsidy to offer their employees tailored training.
As you can see, many things have changed for the better in the subsidy-world in the Netherlands. The government has responded positively to the demand of businesses for more subsidy money and the Climate Agreement has been a central point of conversation during the Prinsjesdag. Many measures were taken to make firms innovate in the energy- and environmental sectors and to contribute to CO2 reduction. Shortly, this Prinsjesdag was a success – both the entrepreneurs and the planet should be happy. But, what about you? Are you going to apply for some of the subsidies mentioned above? If you need advice, remember that we’re always there to help you!
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