1. Home
  2. /
  3. Farm Viability
  4. /
  5. Farm Viability News
  6. /
  7. Minister McConalogue Announces Approval...

Minister McConalogue Announces Approval of Funding for 100% of Successful TAMS Applications for Tranche 21

Jun 28, 2021 | Climate Change News, Farm Viability News

€25m in TAMS paid out in 2021

Minister for Agriculture, Food and the Marine, Charlie McConalogue T.D. today announced that approval has commenced for all qualified applications received under tranche 21 of the TAMS scheme. Letters have started issuing to approved farmers.

Commenting on this the Minister said:

“TAMS continues to be a hugely successful and beneficial scheme and I am delighted to confirm the approval of 100% of qualified applications submitted under tranche 21. This is not something we have been able to do under previous tranches due to budgetary constraints but approving all farmers this time around was an important priority for me. It gives farmers great certainty in being able to carry important upgrades to their farms.”

The Department continues to pay on average €1.3 million per week on TAMS II investments with just over €25 million now been paid in total for completed investments in 2021. Payments of over €290 million have now issued in respect of over 20,700 approved applications for completed investments since the opening of TAMS II in 2015.

Commenting on the payments the Minister said

“I very am pleased to see that the Department continues to pay an average of €1.3m per week for completed TAMS II investments. With over 40,000 approvals issued since its launch, there are still a considerable amount of outstanding approvals out there with farmers and I would urge them to conclude the investment work and apply for the payment as soon as possible to facilitate the prompt issuing of payments”.

The current Tranche of TAMS II closes on 23rd July 2021. Further tranches in 2021 will open on 23rd July 2021 and 5th November 2021.

Further details on the TAMS II measures are available on the Departments website at: Targeted Agriculture Modernisation Schemes (TAMS)

Latest News Categories