Its technically tax avoidance, technically different from evasion as with avoidance you apply legal strategies to not pay as much taxes, whereas with tax evasion you use the illegal methods to not pay taxes.
All of your local business people either are or have just not paid taxes on income. If it’s a cash business or they accept cash, there’s a high likelihood that they just put that in their pocket.
Maybe for services, but I have 10 pizzas and sell all 10 for 1 quid and there’s only 5 quid in my books, as long as taxes are paid the irs won’t notice.
Its technically tax avoidance, technically different from evasion as with avoidance you apply legal strategies to not pay as much taxes, whereas with tax evasion you use the illegal methods to not pay taxes.
All of your local business people either are or have just not paid taxes on income. If it’s a cash business or they accept cash, there’s a high likelihood that they just put that in their pocket.
Maybe for services, but I have 10 pizzas and sell all 10 for 1 quid and there’s only 5 quid in my books, as long as taxes are paid the irs won’t notice.