He and I condoned my dodgy tax-free dealings? (6,7)

I believe the answer is:

hidden economy

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'tax-free dealings?' is the definition.
I don't know anything about this answer so I can't tell whether this works.

'he and i condoned my dodgy' is the wordplay.
'and' is a charade indicator (letters next to each other).
'dodgy' indicates an anagram.
'i'+'condoned'+'my'='icondonedmy'
'he' put after 'icondonedmy' is 'icondonedmyhe'.
'icondonedmyhe' is an anagram of 'HIDDEN ECONOMY'.

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