There was positive news on TAMS, with €80m allocated in Budget 2021.

This funding is similar to the current funding allocated to investments in 2020. The minister has stated that funding will be used to service a combination of existing commitments and also to ensure there is a scheme open in 2021 for new applications.

There are some question marks surrounding if this scheme will be different to the one currently in place, with the minister commenting that he will be assessing a review of measures in the current TAMS model carried out by his Department and this will feed into the scheme for 2021.

There is also likely to be more clarity in the coming weeks on whether applicants who have maximised their funding allocation under the scheme will be allowed to apply for funding under the scheme in 2021.