The House voted by 44 to seven to effectively sanction a black hole of as much as £94 million in public finances. And Treasury Minister Terry Le Sueur revealed that the UK government supported the new zero-ten structure. He read extracts from a letter from the Lord Chancellor, Lord Falconer, giving the UK government’s view. After a 90-minute debate, States Members voted in favour of an amendment to the Income Tax Law, which was first approved in principle in July 2004. Senator Le Sueur told the House that the UK government had given the clearest indication yet that the zero-ten structure would be acceptable internationally.
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