Gifted Shares held in the Uk to a person who lives in the UK by Parents who are Australian

My Parents are Australian . They plan to gift me shares that they hold in a UK company. Could you please advise what the Tax Implication would be . If I sell the shares at the same time as they are gifted and also if the Shares are sold after going up in value or down in value.

Hi,
A value will need to be applied at the time of gifting.
If this then increases when you sell them then you will have a capital gain. if it reduces, it will be a capital loss.
Your parents will need to declare a gain when they transfer them to you as this will be classed as a sale.
Thank you.