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Do not delete this page - MYOB Practice navigates to it from within the product

This page lists the latest features in MYOB Practice Tax (NZ).

You can also see what's coming soon.

Make sure you bookmark this page and check back regularly to see the latest updates.

April 2021

18 April

  • Save time by updating the status of tax notices in bulk
    You can update the status of tax notices in bulk to In Review, Ready for client, Sent, Paid or Not required, from the Tax notices list page. So if you have a lot of tax notices that you don't need to prepare or send, you can update all their statuses to Not required in one go without having to open the tax notice first. Learn more.

8 April

  • Filter Compliance list by staff, partner and/or family group
    Effectively organise your workload with new filters for staff, partners and family group in the All clients view of the Compliance list page.

    Staff and partner assignments come from your clients' Responsibility tab in AE/AO, so make sure you've set up your team responsibility first. For family groups, you'll need to have set up family groups in AE/AO also.

7 April

  • Even more data to share data between tax returns
    Do even less manual entry and double handing by distributing income from an IR7 tax return to a partner or shareholder's IR3 tax return. Learn more.

1 April

  • Tax compliance changes
    We've updated the legislative changes for the 2021 tax year. Learn more.
  • Rollover 2020 tax returns to 2021
    We'll create a 2021 tax return for every client with a 2020 tax return as of 31 March 2021. When you open this 2021 tax return, you'll have the option to roll forward the 2020 tax return. Learn more.
March 2021

31 March

  • Filter Data reconciliation and Tax notices by staff, partner and/or family group
    Effectively organise your workload with new filters for staff, partners and family group in the All clients view of the Data reconciliation and Tax notices page.

    Staff and partner assignments come from your clients' Responsibility tab in AE/AO, so make sure you've set up your team responsibility first. For family groups, you'll need to have set up family groups in AE/AO also.

25 March

  • Pre-fill from workpapers into the IR10 form attached to a tax return
    You can export IR10 data from AE/AO workpapers, and import it into MYOB Practice Tax to pre-fill the IR10 form. Learn more.

  • Improvements when sending tax notices

    We've updated the wording in the email and portal message template used to send tax notices. Prefer to personalise your messages? You can still edit the wording when you send tax notices.

    If you’ve set up a practice alias, the tasks and emails to clients from MYOB Practice can be sent using the alias. Otherwise, tasks and emails sent from MYOB Practice will continue to use the logged-in user as the sender. Learn more.

23 March

  • View Taxable Income and Residual Income Tax (RIT) at a glance
    We've added two new columns to the Tax notices page to help you decide which tax notices need work.
    Tax notices - Taxable Income, RIT

19 March

  • Prepopulate tax return data directly from Inland Revenue
    When you add a tax return, we'll download data directly from Inland Revenue for you to prepopulate into your client's tax return. Learn more.
  • New documents features
    We're beginning the rollout of a new system for documents within MYOB Practice. When your practice has the new documents features, you can learn more here.

18 March

  • Pre-fill from AO Classic and AE MAS into the IR10 form attached to a tax return
    You can export IR10 data from MYOB AO Classic and AE MAS, and import it into MYOB Practice Tax to pre-fill the IR10 form. Learn more.
  • Share data between IR4 tax returns and IR3 tax returns
    Do less manual entry and double handing by distributing income from a company’s IR4 tax return to a shareholder’s IR3 tax return. Learn more.
  • Prepopulate association details when you create a tax return
    You can now prepopulate the names and IRD numbers of shareholders, beneficiaries and partners from into an IR4, IR6 and IR7 return. This data comes from the associations in your client's MYOB Practice client details. Learn more.

9 March

  • Create tax notices for multiple clients in one go
    You can now create provisional and terminal tax notices for the current period, for multiple clients. On the Tax notices page, when you see the message "We've got data for (X) clients. Do you want to create their tax notices?", it means we've downloaded the latest Inland Revenue data for those clients. Click Create now to create their tax notices. Learn more.
  • Calculate provisional and terminal tax payable using Inland Revenue's assessment
    When reconciling a transaction for the Inland Revenue's Residual Income Tax (RIT) assessment, you can now enter the details of the assessment in MYOB Practice. We'll then use these details to calculate provisional and terminal tax in your client's tax notices to ensure your client pays just the right amount of tax. Learn more.

3 March

  • Error message for users without filing access
    Users with Read only or None access in myIR will receive the message You aren’t permitted to access this when attempting to file a tax return in MYOB Practice. Learn more.

    MYOB Practice Tax uses gateway services to file tax returns to Inland Revenue. This means that each staff member using gateway services will need their own myIR logon. For more information, see Filing tax returns using Inland Revenue gateway services.

February 2021

17 February

  • More intuitive contact sync icons
    We've updated the icons that indicate the status of contacts syncing. Learn more.

    To see the latest icons, you need to have installed hotfix 59067593.

5 February

  • Easier navigation of Tax returns
    Use the new Navigation options on the right of the Tax return page to jump straight to the section you want to view or update.

4 February

  • Filter by unreconciled transactions.
    We've added an Unreconciled transaction alert filter to the Data reconciliation page, so you can quickly find clients who have MYOB or IR transactions to reconcile.

3 February

  • Enjoy an improved upgrade experience.
    We've released a hotfix that corrects a couple of critical errors that you may see when you upgrade from MYOB AE/AO to MYOB Practice Tax. If you've installed MYOB AE/AO 5.4.36.144, it's important that you install this hotfix.

1 February

  • You can now delete tax returns in MYOB Practice Tax.
    If you've made a mistake when adding a tax return for your client, you can now delete and recreate it with the right information. Learn more.
January 2021

5 January

  • More flexibility in how you send tax notices.
    When you prepare a tax notice in MYOB Practice, you can now email the tax notice to your client directly from MYOB Practice! Learn more.
Coming soon
  • Download and send tax workpapers/schedules with the Tax Statement
    You'll soon have the option to download and send tax workpapers and schedules to your clients, along with their Tax Statement.

  • Share data from IR6 tax returns to an IR3 tax return
    We're making the way you prepare tax returns online more efficient by allowing you to share data from IR6 tax returns to IR3 tax returns. That means less manual entry and double handling!
  • Control what actions your staff can and can't do in MYOB Practice Tax with Staff access management
  • We're working on the ability to control, in MYOB Practice, which staff members can approve tax returns, send tax returns for rework, file tax returns and add, edit or link tax agents.
  • A new check to ensure IRD numbers are valid when sharing data between tax returns
    When distributing or transferring income/loss between tax returns, we'll check to make sure the IRD number of the beneficiary, partner or shareholder is valid.
Previous releases
December 2020

17 December

  • Prepare tax notices from MYOB Practice Tax.
    You can now prepare both provisional and terminal tax notices in MYOB Practice Tax. To get started, go to Compliance > Tax notices. You'll receive the message: We've downloaded IRD data for (X) clients. Do you want to create their tax notices? Click Create now to create tax notices for all your clients. See Preparing tax notices for information on how to get started.
    Create now banner
November 2020

November 26

  • Download tax statements for IR3, IR3NR, IR4, IR526, IR6 and IR7 returns.
    You can now easily generate professional-looking tax statements for the above return types. You can download the tax statement from the Tax return page or send it to your clients digitally, via the client portal.