> "this is text translated to a phonetic version" goes to "ðɪs ɪz tɛkst trænzˈleɪtɪd tuː ə fəʊˈnɛtɪk ˈvɜːʒᵊn" in British pronunciation and "ðɪs ɪz tɛkst trænˈsleɪtɪd tu ə fəˈnɛtɪk ˈvɜrʒən" in American.
These samples are using the International Phonetic Alphabet, which isn’t really designed for the purpose of being a practical orthography — it’s used as a language-independent transcription method which can represent any sound. (That’s also why the British and American versions are different: different accents use different sounds, so they’re transcribed differently.) So this isn’t really a ‘phonetic spelling of English’, though it’s easy to see where the confusion comes from.
These samples are using the International Phonetic Alphabet, which isn’t really designed for the purpose of being a practical orthography — it’s used as a language-independent transcription method which can represent any sound. (That’s also why the British and American versions are different: different accents use different sounds, so they’re transcribed differently.) So this isn’t really a ‘phonetic spelling of English’, though it’s easy to see where the confusion comes from.