Minister for Agriculture, Food and the Marine, Michael Creed, has today (Monday January 14th) announced the commencement of TAMS approvals for 2,090 applications in total under the most recent tranche of the scheme.
The closing date for applications under Tranche 12 was set at December 7th 2018 and this represented the fourth-highest quantity of applications received to date. The department have announced that the estimated value of applications received in Tranche 12 is €30.5 million in total.
Minister Creed spoke of his delight at the continued interest in the scheme, revealing that over €100m has been paid out to farmers so far under the scheme.
“I am delighted with the continued interest in the suite of seven measures available under the TAMS scheme.” Minister Creed noted.
“There are now over 22,900 applications received under the scheme to date including over 2,000 applications in the latest tranche. Over €103m has been paid out to farmers so far under the Scheme with weekly payments currently averaging over €1.2m.” he continued.
Meal Bins included -
The Minister also announced that Meal bins will now be included as an eligible investment under the TAMS II scheme for all sectors with immediate effect.
The current tranche of TAMS II opened on 8 December and will close on 5 April 2019. Meal bins can now be applied for using the online application system. The TAMS II system of penalties for late submission of payment claims has also been revised with increased flexibility and graduated penalties introduced for late submission.
Minister Creed said these changes were made on the back of a difficult year for farmers in 2018.
“In response to requests to make meal bins available to all sectors, particularly after the fodder challenges faced by farmers in 2018, I have decided to extend their provision to all sectors with immediate effect.” He said.
“This will be of particular interest to the beef and sheep sectors. We have also favourably reviewed the penalty situation for late submission of payment claims and my Department will be in direct contact with farmers impacted by these changes in the coming weeks” Minister Creed concluded.