Jack Chambers, Minister for Public Expenditure, and Paschal Donohoe, Minister for Finance, on the steps of Government Buildings ahead of the publication of Budget 2026. Photograph: Sam Boal/Collins Photos

Budget 2026 was a huge let-down for the many business owners and entrepreneurs who sacrificed their pensions in the early years of their career so that they could create a viable business to provide valuable and sustainable employment.

There was no mention in the October Budget of any row back or amendment to a 2025 rule change that limits tax relief on employer contributions to PRSAs to 100 per cent of salary.

This rule change, which sent ripples through Ireland’s business community, was a U-turn on measures brought in under Finance Act 2022, which rightly recognised the need to give business owners, often nearing retirement, the chance to catch up on th

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