Bonuses on Social Security contributions
Did you know that you can deduct 40% of the social security contributions of your project’s research staff?
Bonuses for research personnel
What percentages of bonuses can I apply?
The bonuses on the Social Security contribution applicable to research staff are 40% of the company’s contribution for common contingencies.
Compatibility between bonuses on Social Security and the deduction on Corporate Tax
The bonus on the contribution is fully compatible with the application of the deduction regime for research and development and technological innovation activities for small and medium-sized companies (hereinafter, SMEs) intensive in R&D&I recognized as such by means of the official seal of innovative SME and accredited in the registry managed by the Ministry of Economy and Competitiveness.
One requirement is to have obtained, in the three years prior to the exercise of the right to a bonus, a positive binding motivated report for the purposes of applying the deduction regulated by the Corporate Tax Law.
Exclusions
It is important to bear in mind that the system of bonuses regulated by Royal Decree will not be applicable in the specific cases provided for by law. In this sense, the contribution of our consultancy is aimed at clarifying your options and obtaining a direct incentive for the hiring of research personnel.
Our consultancy is dedicated to providing clarity and guidance with the aim of facilitating your access to direct incentives for the recruitment of research staff. This approach is designed to ensure that you can make the most of the opportunities available in the field of research and development.
Requirements
In order to apply the bonuses, companies must meet a series of requirements:
1- The workers must belong to contribution groups 1 to 4 exclusively or with 85% of their working time dedicated to R&D (Research and Development) and iT (Technological Innovation) activities.
2- The type of contract may be an internship contract or a temporary contract for a specific project or service. In the latter case, the contract must have a minimum duration of three months.
3- With regard to exclusivity and the calculation of the total working time, up to 15% of the time dedicated to training, dissemination or similar tasks may be counted as exclusive dedication to R&D&I activities.
We help you manage the reliefs
1
We identify the personnel exclusively dedicated to research, development or technological innovation tasks, ensuring that they meet the criteria for applying reliefs and exclusions as established by the regulations.
2
We study the compatibility between the bonuses in the Social Security contributions for research staff and the deduction in the corporate tax rates. They are compatible with the tax deductions for innovative SMEs.
3
We show you how to apply the bonuses so that your company automatically benefits from the reduction in the monthly fee applicable to research staff.
4
For companies with more than 10 researchers dedicated exclusively to R&D&I activities, we can guide you through the certification process that accredits these workers as research personnel. This certification must be issued by an accredited entity, ensuring that the personnel meet the necessary requirements for the relief.
5
We offer guidance with the reasoned report processing that justifies the application of reliefs for research personnel. This report provides additional judicial security throughout the process, ensuring the correct application of the discounts
6
We submit all the required documentation, including the certification of the research staff and the reasoned report, to the Social Security. We ensure compliance with all deadlines and formal requirements for the effective application of bonuses.
What advantages do Social Security bonuses offer?
- The reduction in labour costs represents a direct boost to your profit margins that is also non-taxable.
- The reliefs are immediately applicable. There is no need to wait for projects to be implemented on an annual basis or to turn a profit, and they are compatible with tax deductions for innovative SMEs.
- The availability of more financial resources allows you to address strategic, high-impact areas and develop products and services that will make a difference in the market.
- The reliefs on the social security contributions of research personnel lead to job stability and therefore favour talent retention.
Don’t miss the opportunity to boost your ideas!
FAQ’s
How complicated is it to apply the reliefs on social security contributions?
It is not complicated. There are regulations reflected in the legislation that must be followed step by step. Our specialists will guide you through the process to get a significant relief on your labour costs.
What is considered as research personnel for the purposes of these bonuses?
Research personnel are those employees who are directly involved in research, development and innovation projects. This includes researchers, scientists, technicians and other personnel directly involved in these activities.
What are the new features that I can apply for the social security contribution relief of R&D&I personnel?
The measures are aimed at encouraging the recruitment of R&D&i personnel and improving the social protection of researchers.
- Only staff with new open-ended contracts may receive a bonus.
- Contracts signed may be subsidised for a maximum period of three years.
- The hiring of people under 30 years of age and the hiring of female researchers will have an additional 5% bonus, which can be accumulated, and can reach up to 50% for female researchers under 30 years of age.
In which cases would my project be excluded from the Social Security contribution reliefs for research staff?
- If your employees only work part-time on research, development or technological innovation activities.
- If employees carry out tasks that do not directly qualify as research and development or technological innovation. Among other tasks, administration, resource management, marketing, general services and management.
- Personnel hired by companies or organisations whose hiring for research and development and technological innovation activities is explicitly subsidised or financed with public funds, provided that this financing also includes the company’s social security contributions.
How can I make sure I meet all the requirements to qualify for the reliefs?
Entrust us with the management of your social security contribution reliefs for research staff. At a2d innova we will ensure that you meet all the requirements, we will keep an appropriate record of the activities so that you can make the most out of this important incentive.