Aussie and business owner has shared her and honestly, it’s freaked me out to my core. Back before Brittney launched her clothing label Fayt, she was a beloved and successful YouTuber known for doing make-up and beauty tutorials. While she was making some big buckeroos by the time she became an influencer full-time, she admits that at the time, she had absolutely no idea how tax worked when you worked for yourself.
“I became a full-time influencer when I was 21 so I was really young and silly and I, all of a sudden, started earning a lot of money.” ” Brittney explained on her podcast . “At my peak, I would’ve been earning $200-300k a year as an influencer which is insane.
” Although the cashola was great, she didn’t realise that she needed to put money for tax aside. “I didn’t know how to be self-employed. I didn’t know how it worked, I was so used to working my Monday to Friday full-time job, 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,” Brittney continued. “I also didn’t have a supportive family network, no one ever taught me about money or how to save or tax or anything like that. “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, you’re working for yourself.” After a couple of years of paying no tax and feeling embarrass.