Paschal Donohoe signals shift on developer tax breaks ahead of Budget 2026

Minister for Finance Paschal Donohoe said: 'I have indicated on many opportunities in the past the concerns that I had regarding some incentives that we had in place within our property market and the long-term effects on that.'
Finance minister Paschal Donohoe’s opposition to tax breaks for developers appears to be loosening, as he acknowledged measures are needed to ensure more houses are built.
It comes as Taoiseach Micheál Martin confirmed there would be no extension of the State’s First Home scheme to second-hand homes in October’s budget.