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Welcome to Compliance!
Compliance allows you to file tax returns using Inland Revenue's new gateway filing service. With a streamlined user experience, better navigation and more screen space, you can do taxes anywhere, at any time, and even faster than before.
Before you get started, here are a few things you should know about Compliance first:
Tax returns won't be pre-populated, so you'll need to enter all data manually.
IR8 and IR9 are currently unavailable in MYOB Practice. You'll need to prepare and file these returns in your desktop tax software.
You'll continue to receive your daily Transaction Data Services (TDS) data feed on the desktop. You should continue to reconcile your Inland Revenue data in your desktop Tax manager. You can, however, retrieve this data manually online.
- Tax notices are currently unavailable in MYOB Practice, so you'll also need to prepare these in your desktop Tax manager software.
Take a sneak peek
Watch a video on how to set up and prepare tax returns in MYOB Practice.
Setting up your practice
Make sure you've synced your AE/AO contacts into MYOB Practice and that you have your tax agent IRD number and client list number on hand.
To set up your practice for Compliance, you'll first need to add your tax agencies into your MYOB Practice settings. You'll only need to do this once per agent so that we can connect to Inland Revenue to file tax returns and download your client's Inland Revenue transactions.
See how it's done. Check out our course on setting up Tax in MYOB Academy.
- In MYOB Practice, click Settings on the left of the page.
- Click Agency details.
- On the right of the Agency details page, click Add agency.
Complete the fields:
- Agency name—enter a name for the agency.
- Agency IRD number—enter your 9-digit tax agent number.
Client list number—enter the client list ID. You can find this number in myIR.
We've encountered some issues with the Agency address field. This field is optional, so please leave it blank for now.
Click Add. The agency appears in the Agency details list.
Setting up a client
Now that your practice is all set up, you'll now need to choose the first client you'll prepare a tax return for online, and set them up.
To set up a client, you'll need to:
- Configure their compliance settings—so that you can receive your client's Inland Revenue transaction data and that the right type of tax return, with the right details, is created for your client.
- Retrieve their Inland Revenue transaction data—so that we can store your client's tax data for use in tax notices later.
You'll need to do this for each client you want to file a tax return for.
To edit Compliance settings
Select a client on your client sidebar, and click the Settings icon (
) on the top right of the page.- Under Compliance settings, click Edit. The fields in the Compliance settings become editable.
Edit the required fields:
- Tax client—answer Yes if you'll be filing this client's tax return and/or you want to receive IR data for this client.
- IRD number—the client's 9-digit IRD number.
- Balance month—the last month in your client's accounting year.
- GST taxable period—how often you file your GST returns.
- Entity details—entity-specific settings.
For Year-based compliance settings, select the year you want to view the client's tax settings.
- Edit the required fields:
- Return preparation date—select the return preparation date. Leave this field blank if you want to use the tax return approval date.
- New provisional taxpayer—if this is a new provisional taxpayer, answer Yes and enter the start date of taxable activity.
- Agency—select the tax agent you want to use to file the tax return.
- Return required—answer No if a tax return is not required to be filed this year.
- L letter—answer Yes if this client has been issued an L letter.
- D letter—answer Yes if this client has been issued a D letter.
When finished, click Save.
- Search and select the client on your client sidebar.
- Click Compliance on the top menu bar and select Data reconciliation.
- Click Refresh IR data.
What's next?
Now that you have a tax agent and have set up your first client, it's a good idea to reconcile your client's Inland Revenue transactions.
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