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As soon as a Public Bill (i.e. a Government, Committee or Member’s Bill) has completed Stage 1, amendments for consideration at Stage 2 may be lodged; and as soon as Stage 2 is completed, amendments for Stage 3 consideration may be lodged.
It seems to be content to let that ride rather than, as David Miles said, get a 5 per cent of GDP deficit down to 1 per cent. Some of that adjustment may be yet to come in other countries, which may also see their tax burdens start to rise.
The current three-year cycle allows too much time to pass before registration is reviewed, during which time property standards may deteriorate, landlord circumstances may change or breaches may occur without any follow-up.
As soon as a Public Bill (i.e. a Government, Committee or Member’s Bill) has completed Stage 1, amendments for consideration at Stage 2 may be lodged; and as soon as Stage 2 is completed, amendments for Stage 3 consideration may be lodged.