Double Taxation with Japan on cash gift

My parents are Japanese nationals, also residing in Japan. They have a savings account in Germany as they lived there till last year. If they wanted to gift me the equivalent of £200,000, would I have to pay taxes on this? I know that there is a double-taxation agreement between Japan and the UK but it doesn't seem to cover gifts. I would have to pay the equivalent of roughly £18,000 to the Japanese Government when receiving the gift.

Hi InterestedInTax,
There are no Income Tax implications on the receipt of a cash gift unless the cash gift generates interest or dividends.
These would then potentially be subject to tax.
Further guidance can be found here:
Tax on savings interest
Thank you. 

Thanks for your response. I have a quick follow-up question, I thought that normally there is a gift tax on cash gifts received from the UK citizen in the UK, does this not apply if this is gifted by foreign nationals from abroad? Many thanks.

Hi InterestedInTax

There is no gift tax in the UK.

Thanks