How do self employed tax evaders get away with declaring they make £12.5k a year profit?
I always see the running joke of " I'm self-employed and I earn £12.5k a year" which is obviously a joke and a way to avoid paying tax, but if they do actually earn over that amount and are required to pay tax, even if they don't declare the earnings, will the government/HMRC see the un declared income and tax it anyway? Won't they get suspicious?
I'm genuinely confused on how they do it/how they get away with it for years.