€10K PRSA example, doesn't sound all that great a deal

[jimmij]

Basically if you have 10000 euro in your pocket. You have already paid usc and prsi before you got this from your earnings.
If you put this into a PRSA you get a tax refund of 4000 euro.
If you bought a car with it you get no tax refund.
Either way you have paid usc and prsi, so there is no way to avoid these.

Thanks very much I understand now.
I was thinking that it would be money taken from your pay without you ever seeing it.