The closing date for the current tranche of the Targeted Agricultural Modernisation Scheme (TAMS II) is 30 June 2017. The next tranche opens the following day on 1 July and remains open until 6 October.
The application process remains the same with submissions completed online through a farmer’s agfood.ie account.
Grant aid is payable at the rate of 40% on the lesser of the approved reference cost or actual cost of the investment, excluding VAT. Higher grant aid of 60% is payable for eligible young, trained farmers. The minimum spend is €2,000 excluding VAT. The timeframe from application to approval to complete works is generally about six months. Where planning permission is required, this must be obtained before completing an application.
Sheep management: drafting lambs