ATO’s $86,000 tax lawsuit stuns Tasha Paige, but there’s an obvious explanation: ‘I’m going to cry’
- Woman receives an $86,000 tax bill
- She hadn’t contributed to the taxes in months.
A young Australian woman has revealed she owes a whopping $86,000 to the tax office, but admits she hasn’t contributed to her taxes for months.
OnlyFans creator Tasha Paige, who is one of many facing a tax debt instead of a refund this year, said she was “going to cry” upon learning of her fate.
“So I finally did my taxes and I finally talked to my accountant about everything and my tax bill is just shy of $90,000,” she said in a TikTok video.
I have to pay the ATO $90,000, specifically $86,000, but I think it could also be $90,000.
‘So that’s great. I’m just going to cry. Moment of silence, please, for my bank account.
Ms Paige assured her followers that she had the money to pay off the debt, explaining in a follow-up video that she usually pays her taxes throughout the year, but hadn’t contributed in several months.
Taxpayers who are self-employed and earn more than $18,200 a year are subject to income tax.
If people don’t want to pay throughout the year, which can be done through Pay As You Go (PAYG) installments, the ATO suggests they set aside money to cover their tax bill when it arrives as a lump sum at the end of the tax year.
Ms Paige’s followers took to the comments section to express their shock at the massive debt, with one claiming that she would have “cried herself to sleep” if she had received such a large bill.
OnlyFans creator Tasha Paige revealed she has a whopping $86,000 in tax debt
Ms. Paige admitted that she hadn’t contributed to her taxes in months and was therefore hit with a large debt at the end of the tax year.
Others were less lenient, with one exclaiming: ‘But do they deduct the taxes from the weekly income orrr? Because if not, what else do you expect?
‘What a surprise you have to pay taxes like the rest of us,’ scoffed another.
It comes after Adelaide OnlyFans star Kaila Smith, 21, discovered last week that she had run up a $15,000 bill from the ATO.
“It’s tax time and tax time has made me so dirty,” Smith said in a social media post.
‘When you’re bankrupt, you almost have to get a tax return every time and that used to be me. Last year I got like $500 back.
“This year I have to pay almost $15,000 in taxes and I’ve never paid that much money for anything in my life other than my car.”
Adelaide OnlyFans star Kaila Smith (pictured) was shocked to learn she owed the Australian Tax Office $15,000
Ms Smith said she will do Pay As You Go tax installments next financial year to avoid paying the lump sum
Ms. Smith said she wanted to “learn more about tax timing and finances.”
However, commenters chided Ms Smith for complaining when “that’s what everybody pays for”.
‘If you pay taxes, it means you’re making money. Grow up, educate yourself and pay what corresponds to you”, said one.
“Tell me you’ve never worked full time without telling me you’ve never worked full time in your life,” wrote another.
Ms. Smith responded by telling commenters to “chill out” and explained that she came up with the bill because she did not request PAYG tax shares.