Dáil Éireann Debate, Tuesday - 2 November 2021
1173. Deputy Joe Flaherty asked the Minister for Agriculture, Food and the Marine if consideration will be given to providing additional funding to farmers already approved under the TAMs 2021 programme (details supplied). [52397/21]
Amharc ar fhreagraEvery TAMS II application is based on the existing reference costs at the date of application. Some 44,780 applications have been approved under the TAMS scheme to date. Outstanding approvals issued represent potential outstanding liabilities for the Department and a budget must be in place to pay these claims.
All of the reference costs under TAMS II were fully reviewed in July of this year. The costs were increased in the case of own labour and in the case of 62 investment items, with increases ranging from 5%-40%. A decrease of 10%-30% was implemented in the case of three investment items.
A further review of the reference costs in light of the increasing costs of construction has now commenced. Any changes identified will be considered once this review is completed.
