The total funding allocated for on-farm investments in Budgets 2021 and 2022 are outlined in the table below.
Table: On-farm Investment allocations for 2021 and 2022
|
On Farm Investment allocation
Budget 2021 €m
|
On Farm Investment allocation
Budget 2022
€m
|
Total
|
90
|
80
|
The definitive allocation for 2022 will be set out in the 2022 Revised Estimates Volume (REV) which will be published later this year.
Uptake under the suite of measures available under TAMS II has been significant with over 54,950 applications received to date. Payments valued at over €304m have now issued in respect of completed works associated with 23,400 approved applications. TAMS payments to date in 2021 have reached €53.4m.
TAMS is a demand-led scheme and all approved participants who have completed their approved works are strongly encouraged to submit their payment claims to allow for the early issue of payments. Tranche 24 of the scheme opened for applications on 6th November 2021.