Investment portfolio gifted by parents from abroad

Hello, I live, work and pay taxes in UK and my parents are from France. They want to gift me some investment portfolio which includes company shares and part of investment funds. This has been declared in France but does it also need to be declared in UK? Thank you

Hi Mathieu,
Any capital gains arising from the gift to you, falls on your parents.
As they are not UK tax resident, they are not liable to UK capital gains on this gift.
You will need to obtain the market value of the share at the time they were gifted to you, as you will need this figure, to work out if you have any Capital Gains Tax to pay, when you dispose of the shares.
Thank you.