The Bbz scheme (Besluit bijstandverlening zelfstandigen) provides self-employed entrepreneurs in Westland with financial assistance in case of financial problems. This can be a benefit for living expenses or a loan for your business.
What does the Bbz scheme entail?
The Bbz is intended for self-employed individuals in Westland who temporarily have insufficient income to live on. The scheme offers various options:
- Monthly benefit for living expenses
- Business loan with interest
- Start-up credit for new entrepreneurs
Who is eligible for Bbz in Westland?
| Target group | Conditions |
|---|---|
| Existing self-employed individuals | At least 1,225 hours per year active, business must have future prospects |
| Starting entrepreneurs | Within 36 months after establishment, with a solid business plan |
| Self-employed individuals aged 55 and older | Considering business cessation (alternative: IOAZ) |
| Self-employed individuals who are ceasing operations | Financial problems due to cessation |
Living expenses benefit via Bbz
If your income is below the minimum, you can receive a supplement in Westland:
- Supplement up to the social assistance norm
- First paid out as a loan
- Annual final settlement
- Received too much? Repay
- Received too little? Additional payment
Business loan via Bbz
A loan for essential business investments:
- Maximum € 212,954 (2024 rate)
- Interest rate: 8% per year
- Repayment term: up to 10 years
- Business must have future prospects
How do I apply for Bbz in Westland?
The application for Bbz is submitted to the Westland municipality. Ensure you have the following documents ready:
- Business plan or financial statements
- Prospects for the coming year
- Insight into personal and business finances
Frequently asked questions about Bbz in Westland
Is the Bbz benefit a gift or a loan?
The living expenses benefit starts as a loan. At the end of the year, it is determined whether it becomes a gift or whether you must repay (part of) it.
Can I apply for Bbz as a starter?
Yes, within 36 months after starting your business, you can apply for Bbz in Westland, provided you have a feasible business plan.
What does a 'viable' business mean?
A business is viable if it can generate sufficient income in the short term to support the entrepreneur.
Additional questions about Bbz
How much is the Bbz living expenses benefit?
The benefit supplements up to the social minimum, depending on your situation (e.g., single or with partner). The amount varies per case and is close to the social assistance norm. It starts as a loan and is converted into a gift after the year or partially recovered.
What if I have received too much Bbz?
At the end of the year, your entitlement to the benefit is calculated. Any excess amount received must be repaid, possibly in instalments. Report changes in income immediately to the Westland municipality to avoid problems.
Can I get Bbz in case of loss in my business?
Yes, provided your business has future prospects. You demonstrate this with a business plan or forecast. In case of ongoing losses without prospects, Bbz may be refused.
How quickly do I receive Bbz after application?
The Westland municipality has 8 weeks to process your application, but this may take longer if information is missing. Submit all documents (such as forecasts) immediately. In urgent cases, a decision may sometimes be made faster.
Do I have to stop my business for Bbz?
No, Bbz supports self-employed individuals with temporary problems and a feasible business. For those aged 55 and over who are ceasing operations, the IOAZ scheme is an alternative.
Can Bbz be combined with other support?
Bbz can sometimes be combined with benefits such as rent or healthcare allowance. Bbz income does count towards other schemes. Consult the Westland municipality for clarification.
What does Bbz mean for my taxes?
The Bbz living expenses benefit has tax implications. Contact the Tax Authorities or an advisor for specific information about your situation.