Senior Direct Tax Manager – Hybrid (UK & ROI) in Milton Keynes

SALARY: From £68,200 pa dependent on experience

LOCATION: Milton Keynes

HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office; however, flexibility is expected to meet the needs of the business and the role.

HOURS / CONTRACT TYPE: Full time, permanent - Part time hours will also be considered

CLOSING DATE: 01/07/26. We reserve the right to close the advert earlier if we receive a high volume of applications.

We’re looking for a Direct Tax Manager who will be responsible for delivering effective tax governance, optimising tax positions, and providing expert guidance across the business.

What you’ll be doing:

• You’ll manage the relationship with HMRC on all direct tax matters, ensuring effective handling and resolution of corporation tax and employment tax queries, disputes and clarification requests.
• Lead the corporation tax compliance cycle, including the preparation, review and submission of corporation tax returns for Volkswagen entities in both the UK and the Republic of Ireland.
• Oversee the preparation, review and audit of current and deferred tax calculations, ensuring accurate IFRS tax disclosures in annual group and statutory accounts.
• Manage the preparation and annual review of local transfer pricing documentation, identifying potential risks, ensuring appropriate mitigation, and keeping key business stakeholders and senior management fully informed.
• Coordinate the annual review of Corporate Interest Restriction calculations, working with colleagues across UK Volkswagen entities to assess the overall net interest income and expense position.
• Lead the negotiation and ongoing maintenance of thin capitalisation agreements with HMRC, including supporting documentation, calculations and regular monitoring of agreed financial ratios.
• Oversee UK withholding tax compliance, including the preparation, review and submission of quarterly CT61 returns and handling any withholding tax applications.
• Manage employment tax compliance for non‑payroll matters, including the preparation, review and submission of annual PAYE Settlement Agreement returns for two entities.
• Partner with senior management and operational teams across the business to identify and mitigate corporation tax and employment tax risks, providing proactive expert advice across both project and business‑as‑usual activities.

Essential Experience & Skills:

• CTA or ACCA/ACA qualified, with post‑qualification experience, in house and/or in practice.
• Working knowledge of SAP FI/CMS.
• Experience within the Financial Services and/or Automotive Financial Services industry is desirable.

What’s in it for you?

• Discretionary 10% on-target bonus (based on personal and Group company performance).
• Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
• Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance and fuel card.
• Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
• From day 1 we provide income protection, life assurance (4x salary), retail discount vouchers, access to Care Concierge (a service to support carers of adults), and other salary sacrifice options including a will writing service and cycle to work (subject to scheme restrictions).
• Following successful completion of probation, you will have access to private medical insurance for you (with the option to buy additional family cover), access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase critical illness cover and dental cover.
• Access to LinkedIn Learning via our Degreed platform, professional development programmes and opportunities to build your technical and soft skills, mentoring schemes and reciprocal partnerships.

Why join VWFS UK?

You’ll have the opportunity to make a difference by helping us to achieve our mission. Our mission is straightforward; we want to be “The Key to Mobility”. That means we make getting from A‑to‑B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.

VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity & Inclusion isn’t just a statement for us; we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.

This role does not meet the UKVI’s criteria for the skilled worker sponsorship route; therefore, we are unable to accept candidates requiring sponsorship for this role.