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Ashley Greenbank

Work 020 7831 9222
Macfarlanes LLP

Work Department



Partner in tax group specialising in tax aspects of UK and cross-border corporate finance transactions, mergers and acquisitions, tax advice to corporate groups and tax dispute resolution.


Trained Freshfields; qualified 1988; manager tax department 1989-1994; assistant Macfarlanes 1994-97, partner 1997.


Chairman, Tax Law Committee of the Law Society; Corporation Tax Sub-Committee of Tax Law Committee of the Law Society.


King Edwards School, Birmingham; Selwyn College, Cambridge (1985 MA); Lincoln College, Oxford (1989 BCL).

London: Corporate and commercial

Corporate tax

Within: Leading individuals

Ashley Greenbank - Macfarlanes LLP

Within: Corporate tax

The 'excellent' team at Macfarlanes LLP¬†handles the breadth of corporate tax work, with the capability to deal with investment management, group tax, M&A, real estate, remuneration and finance. The group stands out for a particularly strong transfer pricing offering, which is led by¬†Batanayi Katongera¬†and includes¬†Rhiannon Kinghall Were¬†who joined as Head of Tax Policy from the CBI in December 2017. Highlights for group leader,¬†Damien Crossley, included advising Hayfin Capital Management on its special opportunities strategy and its latest successful ‚ā¨2.2bn fundraising process. 'Innovative and user-friendly'¬†Peter Abbott¬†was instructed by the incoming management team of Burger King on the tax structure of the company's equity incentive arrangements following Bridgepoint's acquisition of the master franchise of Burger King UK.¬†Mark Baldwin¬†is noted for his expertise and 'ability to provide pragmatic advice' in relation to corporation tax and real estate, recently advising Derwent London on the tax aspects of its ¬£165m sale of The Copyright Building in West London to Union Investment Real Estate.¬†Ashley Greenbank¬†specialises in the corporate tax aspects of UK and cross-border corporate finance and M&A transactions, which is complemented by his accreditation as a mediator and role as a part-time judge in the First-tier Tax Tribunal and deputy judge in the Upper Tribunal.

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London: Dispute resolution

Tax litigation and investigations

Within: Tax litigation and investigations

Macfarlanes LLP is noted for its contentious indirect tax practice. The team, led by 'well-informed' Gideon Sanitt, includes former HMRC lawyer Nigel Doran, tax tribunal judge Ashley Greenbank, transfer pricing expert Batanayi Katongera, and VAT specialist Chris Mortimer, who joined from PricewaterhouseCoopers Legal LLP in February 2017. Highlights included defending Royal Mail against 300 claims on the basis that the client had been required to issue VAT invoices for services that were historically treated as exempt. The group is co-ordinating a case for a major commodities trader, which trades globally from a single central location, countering claims by an African country that is asserting the trader has a permanent establishment as a result of the client's activities in that country.

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Legal Developments by:
Macfarlanes LLP

  • Finding the ‚Ä®right words

    In the recent case of Newbury v Sun Microsystems [2013], the defendant argued that an offer to settle proceedings was ‚Äėin principle' only and that a binding contract could not be formed until further terms had been agreed and a formal contract had been signed. It supported this argument by referring to a statement, in the offer letter, that the settlement was to be ‚Äėrecorded in a suitably worded agreement'. ‚Ä©
    - Macfarlanes

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