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The deadline for tranche 19 of the Targeted Agricultural Modernisation Scheme (TAMS II) has been extended by two weeks with the new deadline set for Friday 13 November. The original deadline for tranche 19 had been set at midnight on Friday 30 October 2020 with the announcement of the extension coming via a tweet from the Department of Agriculture's account on Friday evening 30 October.
The extension will push back the opening of tranche 20, which is the final tranche of the current scheme. Minister for Agriculture Charlie McConalogue announced in the 2021 budget that funding of €85m would be made available for continuing the scheme next year. However, the minister suggested that there could be changes to the scheme as we currently know it, following a review by his Department.
Payment update
The level of progress in payments is steady, with €1.292m paid to farmers in the last week. This brings the total payments to €237m paid to 16,966 approvals, while the number of applications submitted for payment stands at 18,099 applications.
There have been 32,033 applications approved to-date, but a significant percentage of these are applications that have passed their deadline to complete works and are now void. There are in the region of 6,000 applications currently in play.
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