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Hi. My name is Tony. I'm looking at your question now and will post my answer or ask for more information here in a short while.
Recipients of gift don't pay tax on them in the UK. You should keep a record of the gift in case you are asked about it and advise your bank in advance of the transfer to avoid delays in access due to money laundering rules.
There will be no Inheritance Tax implications for your parents so long as they are non-UK domiciled and the gift is made from non-UK sources.
I hope this helps but let me know if you have any further questions.
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