News & Blog

We all have them. The "shoebox" clients. The ones who drop off a carrier bag of crumpled receipts three days before the deadline. The ones who still treat a highlighter and a ruler as high-end financial technology. As an accounting professional, you’ve likely built a great relationship with these clients over the years. But with […]

The landscape of UK taxation has officially shifted. As we move through 2026, Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) is no longer a distant deadline on a spreadsheet: it is the daily reality for millions of taxpayers and their advisors. For accounting professionals, this transition represents the most significant change to […]

The landscape of the accounting profession has shifted dramatically as we move through 2026. While the promise of "digital transformation" has been echoed for a decade, many firms still find themselves bogged down by the same ancient bottlenecks: the relentless hunt for client bank statements and the soul-crushing grind of manual data entry. If you […]

If you listen closely to the corridors of most UK accounting firms in July, you’ll hear something unusual: silence. The frantic energy of the January tax rush is a distant memory, and the April year-end madness has finally settled into a steady hum. For many, this is the "quiet" season. But for the most successful […]

Let’s be honest: in 2026, if you’re still chasing clients for PDF bank statements or, worse, waiting for a shoebox of crumpled receipts to arrive by post, you’re not just working hard; you’re working against yourself. The accounting landscape has shifted. The firms that are thriving aren’t the ones with the most billable hours; they’re […]

It’s Friday morning. You’ve just sat down with a coffee, ready to clear the week’s final reconciliations. An email pops up from your Senior Partner, Phil. He’s in a meeting and needs a quick favor: “Hey, can you urgently update the bank details for our main contractor? We need to push this payment through in […]

In the world of accounting and finance, time isn’t just money: it’s the difference between a thriving, advisory-led practice and one that is perpetually underwater. Most firms believe their biggest hurdles are complex tax codes or demanding clients. In reality, the most significant "tax" on your firm’s growth is workflow friction. Small, seemingly insignificant manual […]

Let’s be honest: the traditional "busy season" used to be a sprint. You’d buckle down in January, survive on caffeine and spreadsheets, and then emerge blinking into the February sunlight, ready for a slower pace. But with the rollout of Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) hitting in April 2026 and […]

For accounting and finance professionals, the phrase "manual data entry" is often synonymous with "hours of wasted time." We’ve all been there: a client hands over a stack of paper bank statements, or worse, a set of locked PDFs, and expects a full reconciliation by tomorrow. In the past, you’d have two choices: spend your […]

If you’ve spent any time in a hiring interview lately, you’ve likely felt it. The candidates are smart, the CVs are polished, but there’s a growing disconnect between what a junior accountant used to do and what the industry needs them to do today. Welcome to 2026. Automation is no longer a "future trend": it’s […]

If you are an accountant or bookkeeper in 2026, you know the feeling. It’s month-end. You have a stack of PDF bank statements: some digital, some scanned, some suspiciously blurry: and a ticking clock. Every minute you spend manually typing “12/05/2026 – Office Supplies – £42.50” into a spreadsheet is a minute you aren’t billing […]

For many accounting and finance professionals, the end of the month doesn't signal a fresh start. Instead, it signals the beginning of a grueling marathon: bank reconciliation. You know the drill. You download a CSV from the client’s bank (if they’ve finally sent it), open up your accounting software, and prepare for hours of "tick-and-bash." […]

If you feel like the accounting industry has changed more in the last three years than in the previous thirty, you’re not alone. We’ve navigated a global pandemic, the rollout of Making Tax Digital (MTD), and a sudden explosion in accessible AI. But as we look toward 2027, the pace isn’t slowing down; it’s accelerating. […]

In the modern financial landscape, AML (Anti-Money Laundering) compliance is no longer just a checkbox exercise; it is the bedrock of a secure and reputable practice. For accountants, bookkeepers, and legal professionals, the pressure to verify the origin of client wealth has never been higher. With the UK’s 2026 regulatory landscape intensifying, the traditional methods […]

For years, the accounting industry has been talking about the "shift to advisory." It’s a phrase that has appeared in almost every industry newsletter, webinar, and keynote speech since the mid-2010s. But for most firm owners, the reality has been a bit different. While the desire to provide strategic, high-value advice is there, the capacity […]

It’s the first Monday of the month. You sit down with your coffee, ready to dive into your client’s quarterly accounts, only to find the one thing standing between you and a productive morning: missing bank statements. We’ve all been there. You send a polite email. You wait. You send a "just checking in" nudge […]

It is May 2026. If you are still spending your Monday mornings scrolling through email threads, downloading PDF bank statements, or: heaven forbid: manually typing transaction data into a spreadsheet, your firm isn’t just behind the curve. It is effectively obsolete. The industry has reached a definitive tipping point. The "Great Squeeze" of the mid-2020s […]

MTD is closer than it looks. For the accounting and finance world, that date marks a seismic shift: the rollout of Making Tax Digital for Income Tax Self Assessment (MTD ITSA). If your practice is still relying on manual spreadsheets, endless email threads, and the "shoebox" method of client data collection, you aren't just looking […]

What the New £20,000 Requirement Means for Firms HMRC has confirmed that the Making Tax Digital (MTD) for Income Tax Self-Assessment threshold will reduce to £20,000 of qualifying income from 6 April 2028. This extension continues the phased push to expand digital reporting for sole traders and unincorporated landlords. Phased Rollout Summary 6 April 2026: […]

Making Tax Digital (MTD) is a UK government initiative designed to modernise the tax system through digital technology. It sets out a “bold vision” for the UK to have “one of the most digitally advanced tax administrations in the world”​. The core aim of MTD is to make it easier for individuals and businesses to […]

  Understanding where money has come from is more important than ever before. The origin of your customers capital could be very telling, especially in today’s global economy where transparency and compliance with financial regulations are paramount. Understanding the source of funds not only helps businesses mitigate risks associated with money laundering and financial crime, […]

At Streem Connect, we’re constantly looking for ways to enhance your experience and provide solutions that make managing your finances not just easier but also more secure. What’s New? We’re excited to introduce a new feature that allows you to filter transactions by amount. This update is designed with your needs in mind, enabling you […]

We’ve strived to make Streem Connect really easy to use. The process of linking is designed to be quick and easy, typically taking less than 30 seconds for customers to connect. Although we’re proud that over 95% of link attempts are successful on the first try, there are instances where users might encounter difficulties with […]

Bank statement scanning software is still a popular choice amongst accountants and other financial professionals but with Open Banking now available at every banking institution it no longer makes sense to put time and money into this outdated technology. Why Bank Statement Scanning Is Obsolete If you are currently using bank statement scanning software you […]