My parents are New Zealand resident & domiciled & would like to gift me £20,000. I am currently living in Australia but will be going back to the UK later this year (left UK 2.5years ago).
From a New Zealand point of view there is no tax implications.
Is there any tax implications (gift duty etc) from a UK view?
Does it matter if they send it to my UK bank account while I am still in Australia or should they do it later in the year once I get back to the UK?
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