Assistant Manager/ Deputy Manager, VAT & Tax

Eon Group of Industries; United Kingdom; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading industry firm in the United Kingdom is seeking a Tax Manager to oversee VAT, income tax, and corporate tax compliance. The ideal candidate will manage the VAT & Tax team, ensuring compliance with all regulations while optimizing tax strategies. Strong experience in VAT and tax management, along with team leadership abilities, are crucial for this role.

Qualifications

• Experience in VAT, income tax, and corporate tax management is essential.
• Strong analytical and compliance skills in tax regulations.
• Ability to manage a team and conduct internal training.

Responsibilities

• Ensure proper calculation and compliance for VAT and income tax.
• Assist management in developing effective tax strategies.
• Supervise the VAT & Tax team and guide on related matters.

Job description

Key Responsibilities

1. VAT Management:

• Ensure proper calculation, deduction, and deposit of VAT as per applicable laws.
• Review VAT challans, returns, and supporting documents before submission.
• Maintain VAT registers, books, and records in compliance with VAT Act and Rules.
• Handle VAT audits, inspections, and correspondence with VAT authorities.
• Support implementation and updates in VAT-related modules in ERP systems.

2. Income Tax Management:

• Ensure proper deduction and deposit of withholding tax (AIT, TDS, etc.) on all applicable payments.
• Prepare and file monthly, quarterly, and annual tax returns on time.
• Maintain all tax-related ledgers, records, and certificates.
• Liaise with tax authorities for assessment, audit, and refund processes.
• Review and ensure employee payroll tax compliance.

3. Corporate Tax Planning & Compliance:

• Assist management in developing tax strategies to optimize tax liabilities within legal boundaries.
• Review financial statements to identify potential tax exposures and ensure compliance.
• Coordinate with external auditors and consultants for annual tax submissions.

4. Regulatory Liaison & Reporting:

• Act as the company's representative in all VAT and Tax-related audits and hearings.
• Maintain professional relationships with NBR, VAT offices, and other regulatory bodies.
• Prepare periodic management reports on VAT and Tax performance and risks.

5. Team Management:

• Supervise and guide VAT & Tax team members.
• Conduct internal training for finance and procurement teams on VAT & Tax matters.