Minister for Agriculture Charlie McConalogue has this week announced the increase to the TAMS reference costs of up to 15 per cent across investment items listed under the scheme.
The Minister also announced an increase, from €80,000 to €200,000, in the investment ceiling for the Pig and Poultry Investment Scheme (PPIS) under TAMS which commenced from the opening of the tranche 26 of TAMS on April 9th.
“The continued development of the pigmeat and poultry sectors are a priority for me given the key role these sectors play in the national economic context,” he said.
“I have brought forward dedicated supports for pig farmers in recent weeks to assist them in the current period of unprecedented challenge arising from the illegal invasion of Ukraine by Russia, and its impact on feed costs. I welcome the increase in the TAMS ceiling as it forms part of the wider package of measures brought forward to support the sector.
“I would like to remind all farmers who have completed approved works and have payment claims outstanding in relation to TAMS to submit them to the Department’s online system as soon as the works are completed to facilitate the prompt issue of payments”.
The Minister also confirmed that the upper investment limit under the Pig and Poultry Investment Scheme has been increased from €80,000 per holding to €200,000 per holding. The specifications of the scheme will facilitate farmers in installing higher welfare infrastructure on their farms.
Under the provisions of TAMS scheme, grant aid will be available at the rate of 40 per cent of expenditure and 60 per cent for young farmers.