Correct in assuming that losses made in tax year ended 5 April 2007, can be used up by 31/1/2013 ?.
Four year rule only applies from 1/4/2010.
Regards
Jon
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No limit on carry forward
Losses made in y/e 5.4.2007 can be carried forward indefinitely - other countries have restrictions on carry forward but in the UK the only restriction is that a loss cannot be carried forward beyond the date of cessation of an activity.
However losses carried forward must be claimed within the time specified by the appropriate legislation, the only exception being capital losses 'arising' before 1996/97 which do not exist, technically, until there is a gain to offset them against!