Assets that it had acquired from a connected party or parties

You must answer 'yes' if your scheme acquired assets at any time within, or prior to, the return period from any of the persons specified in the question.

A sponsoring employer is:

• the employer (or employers) who established the scheme to provide benefits for their employees in respect of their employment with the employer
• any employer whose employees have benefits provided under the scheme in respect of their employment with that employer

The term 'connected' is as defined in Section 993/4 of Income Tax Act 2007.

For more information regarding Indirect Holding see RPSM07109410 onwards.

Other useful definitions

Genuinely diverse commercial vehicle - see RPSM07109420
Investment Regulated Pension Scheme - see RPSM07109050

RPSM is the Registered Pension Schemes Manual which can be found at www.hmrc.gov.uk/pensionschemes/index.htm