Under TAMS II the Low Emission Slurry Spreading Equipment Scheme option continues to attract a steady flow of farmer applications. The scheme was designed “to assist farmers purchase new equipment for the spreading of slurry which has distinct environmental advantages”. Qualifying farmers can receive 40% grant aid on the lowest of the following:
The Department’s Reference Costings applicable at the date of approval.
The total of the eligible invoices marked paid, net of VAT.
The cost of the investment proposed by the applicant indicated on their application.
Those applying on off-shore islands will see the reference costings increased by 33%. The investment ceiling under this scheme is not subject to the overall TAMS II investment ceiling of €80,000 per holding.
In addition, qualifying young farmers can receive grant aid at 60% in respect of LESS investments where the application is submitted under the Young Farmer Capital Investment Scheme.
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Minimum
Farmers who are looking at investing under these schemes should also be aware that the minimum investment which is eligible for approval is €5,000 per application.
Also, in the case of joint applications where there are two or more eligible partners in a registered partnership, the maximum eligible investment ceiling is increased to €60,000.
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Under TAMS II the Low Emission Slurry Spreading Equipment Scheme option continues to attract a steady flow of farmer applications. The scheme was designed “to assist farmers purchase new equipment for the spreading of slurry which has distinct environmental advantages”. Qualifying farmers can receive 40% grant aid on the lowest of the following:
The Department’s Reference Costings applicable at the date of approval.
The total of the eligible invoices marked paid, net of VAT.
The cost of the investment proposed by the applicant indicated on their application.
Those applying on off-shore islands will see the reference costings increased by 33%. The investment ceiling under this scheme is not subject to the overall TAMS II investment ceiling of €80,000 per holding.
In addition, qualifying young farmers can receive grant aid at 60% in respect of LESS investments where the application is submitted under the Young Farmer Capital Investment Scheme.
Minimum
Farmers who are looking at investing under these schemes should also be aware that the minimum investment which is eligible for approval is €5,000 per application.
Also, in the case of joint applications where there are two or more eligible partners in a registered partnership, the maximum eligible investment ceiling is increased to €60,000.
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