I have a new client who has had a rental property for a number of years.
Losses arise for 2006/7 and 2007/8 as well as 2008/9.
My understanding is that under HMRC's recent rules 2006/7 and 2007/8 are now out of time for claims of losses.
Any wriggle room on this to claim the earlier losses too? Its not huge sums about £5k but it doesn't feel very fair given if tax arose they would want that.
Client has never been in SA before, and is (finally!) stepping forward voluntarily.