You will receive compensation for participating in a clinical trial. The amount of money you receive is different for each trial.
How the compensation for a trial is calculated
The amount of compensation depends on:
The Medical Research Ethics Committee (MREC) always evaluates whether the compensation is commensurate with the trial.
When we transfer the compensation to your bank account
You will receive the compensation for your participation, including travel expenses, within 30 days of the follow-up screening. The payment is a gross amount and counts as "income from work." If you are required to pay taxes in the Netherlands, you will have to pay taxes on this amount. That is why you will also receive an annual statement from ICON.
It is possible you won't have to pay taxes on the travel expense reimbursement. Please keep your public transport tickets or make a note of the kilometers traveled on your income tax form.
The compensation can only be transferred to the participant's IBAN number. The name on the bank account must match the participant's information.