Receiving the Loan given to my parents abroad

Hi, I have transferred money (Income after paying tax in UK) earned in UK to my parents in India as Loan, for their expense and purchase of land for them. Now they have money to return back to me. If they transfer the amount back (same amount which i transferred to them) to my UK account, Do I need to pay tax on this? or Do I need to declare this? Many Thanks

Hi

No you do not need to declare this or pay tax on it as it is basically a remimbursement of the same amount.

Thank you