HRA with parents then collecting as gift by son / daugher

This discussion explores the tax implications of claiming House Rent Allowance (HRA) from parents when living in the same house. It clarifies that if the rent is under £50,000 per annum, a formal agreement isn't always necessary, with rent receipts sufficing for company submission. The query also touches upon receiving the rent amount back as a tax-free gift from parents, and whether this arrangement could attract scrutiny from the Income Tax department.