At Taxfile we know that book work isn’t your top priority so we’re currently implementing a new system that will save you time on your book work (without costing you a penny extra) and also allow us to provide a better service to you.
Bankstream is a new service that, with your permission, enables us to securely collect electronic copies of your bank statements directly from your bank so as to make the analysis of your expenses and income much easier and faster. You continue to receive your statements as normal but no longer need to provide us with copies of them. Bankstream does not give us access to your banking account so doesn’t give us the ability to create, amend or affect transactions on your account (no passwords or PINs will ever be requested from you — it’s completely safe). It simply gives us an additional electronic copy of your historical bank transactions so as to make accounting analysis easier and faster.
The Bankstream service itself is FREE to Taxfile customers (we absorb the cost). If you are interested in spending less time on your book work, ask us for a Bankstream Authority Form. Call 0208 761 8000 or find out more here.