Influencer reveals her enormous six-figure tax bill after admitting she 'didn't know how to pay taxes' when starting her career By Savanna Young For Daily Mail Australia Published: 01:44 BST, 2 July 2024 | Updated: 01:45 BST, 2 July 2024 e-mail View comments An Australian influencer has revealed the huge sum of her tax bill after not knowing how taxes worked at the beginning of her career. Influencer-turned-entrepreneur Brittney Saunders, 31, is now a multimillionaire after starting her size-inclusive fashion label Fayt . But it didn't come easy for the designer, who admitted there was a time before starting the business when she was forced to fork out $100,000 while working as a 'self-employed person'.
Speaking on her podcast Big Business with Brittney Saunders, Brittney said there was a period in her early 20s where she hadn't paid her taxes in over two years. 'I didn't know how it worked, I was so used to working my Monday to Friday full time job and getting my pay slip every week and seeing the tax being taken out. And then all of a sudden, I'm working for myself at 21 years old, I didn't know how tax worked,' she admitted.
The YouTube vlogger also revealed she didn't have a 'supportive family network' who knew about self employment. 'No one ever taught me about money, or how to save or tax or anything like that,' she said. 'So, for around two years, when I was an influencer and earning all this money, I just simply didn't pay tax.
Because when you own your own business, .
