published on in blog

OnlyFans star Kaila Smith is hit with $15,000 bill to the Australian Tax Office

An OnlyFans star was shocked to discover she racked up a $15,000 bill from the Australian Tax Office this financial year.

Adelaide woman Kaila Smith, 21, shared the revelation on Saturday after learning she owed a large amount in income tax. 

'It is tax time and tax time has done me so f**king dirty,' she said.

'When you are broke you almost have to get a tax return every single time and that used to be me. Last year I got like $500 return.

'This year I have to pay pretty much $15,000 in tax and I've never paid that much money for anything in my whole life, apart from my car.' 

@kailatalks

not gonna check my bank account for a while haha #onlyhams #taxtime2023

♬ original sound - kaila 🤍💙 Adelaide OnlyFans star Kaila Smith (above) was shocked to learn she owed the Australian Tax Office $15,000

Adelaide OnlyFans star Kaila Smith (above) was shocked to learn she owed the Australian Tax Office $15,000

Ms Smith admitted owing such a big sum was a 'scary thing'.

'I have to remind myself I'm earning more money so I shouldn't feel bad,' she said.

'I just wish I knew more about tax time and finances. But yeah, that's my rant of the day.'

However, commenters lectured Ms Smith for complaining when 'that's how much everyone pays'.

'If you pay tax, it means you're making money. Grow up, get educated and pay your fair share,' one said.

'Tell me you have never worked a full time job without telling me you have never worked a full time job in your life,' another wrote.

'Wants all the income and not the bad that comes with it,' a third person said.

Ms Smith (above) owed the large sum because she opted to pay all her income tax at the end of the financial year instead of regular instalments throughout the year

Ms Smith (above) owed the large sum because she opted to pay all her income tax at the end of the financial year instead of regular instalments throughout the year

Ms Smith (above) said she'll do Pay As You Go tax instalments next financial year to avoid the lump-sum payment

Ms Smith (above) said she'll do Pay As You Go tax instalments next financial year to avoid the lump-sum payment

Ms Smith responded by telling the commenters to 'chill' and explained the bill crept up on her because she didn't apply for Pay As You Go (PAYG) tax instalments.

Taxpayers who are self-employed and make more than $18,200 a year are subject to income tax.

That tax can either be taken out of regular pay cheques through PAYG, like it would under an employer, or be paid as a lump-sum at the end of the financial year.

ncG1vNJzZmivp6x7pa3IpbCmmZmhe6S7ja6iaKaVrMBwrdGtoJyklWJ%2Bc3%2BQaWltaV92saa4wKKbnmV%2Fo7m6ksCnqmarpJa%2FbpfAoqOaZYOitrW0jGpsZmhgZXq1rddmmaKknGKOtr%2FTq5iloZGjepWt12aGn56ZmLJvtNOmow%3D%3D