Budget voices: USC cuts should make things little bit sweeter for cafe owner Caryna
Business owner Caryna Camerino
Published 12/10/2016 | 02:30
Cafe owner Caryna Camerino says the USC cuts in the Budget do little to help her business directly, but may have a knock-on effect through her customers.
She opened her bakery on Capel St in Dublin city almost two years ago.
"The only benefit to me directly really is a few extra euro through reduced USC, but if everyone else gets that benefit it might make people more likely to go out for a coffee and a cake," Caryna said.
"The increase in minimum wage might have the same effect too, but overall I thought the Budget had nothing inspiring or creative.
"We are employing nine people, paying them and giving them a living. For all the hard work and risk we take, there isn't much reward.
"I didn't have high hopes for the Budget, but if it didn't take away from people's pockets and gave a bit back then it is good.
"The sugar tax worried me a bit but I see it is on things like fizzy drinks and mass-produced products, so that is not too bad, I think.
"I just hope Michael Noonan sticks to his promise of reducing USC further in the future because it gives people spending power again and that helps businesses like mine," she added.
Increasing business costs and charges are proving frustrating for the owner of Camerino Bakery.
"We are just hit from every direction, with salaries and taxes and rates," she said.
"If you are a small business like me, you have a lot more to think about. We have so much more at stake.
"I have a place that's 30 square metres on Capel St, but I have to pay the same water waste charges as a shop the size of Brown Thomas," she said.
"Rent racks up too. We chose Capel Street because of the reasonable rate, but it is still quite high."