Page tree

You are viewing an old version of this page. View the current version.

Compare with Current View Page History

« Previous Version 54 Next »


 

 

 

Close

How satisfied are you with our online help?*

Just these help pages, not phone support or the product itself

0
1
2
3
4
5
Very dissatisfied
Very satisfied

Why did you give this rating?

Anything else you want to tell us about the help?

Key points
  • This page shows what we're working on over the next few months.
  • Features, dates and details on this page are indicative only, and may change. See our full disclaimer below.
  • Some of these features might already be released. Keep an eye on the What's new page for details.
  • If you want to check the status of an issue, see the known issues page.

MayJune 2021

Tax returns
  • Customise tax statements
    You'll be able to customise three areas on the tax statement:
    • the declaration
    • the footer
    • the privacy paragraph.
  • Expand support for prepopulating tax return data from Inland Revenue
  • Auto creation of workpapers and schedules
    Schedules can be created automatically when they've received data that can be used to prepopulate them.
  • Extend what data we distribute between IR6 and IR3
Tax notices
  • Customise tax notices
    You'll be able to customise the opening paragraph of the tax notice.
  • Bulk change tax notice status
    At the tax notice dashboard, allow users to complete the following actions in bulk: Mark as: In review, Ready for client review, Sent, Not required
  • 2021 tax year compliance changes for Tax Manager
    Applying the 2021 tax changes to tax notices and data reconciliation, which includes the new individual 39% tax bracket and the ability to record other debits in a new field for income from PIEs.

JulySeptember 2021

Tax returns
  • Calculate Working for Families
    We'll be releasing support for the Working for Families Tax Credits (WfFTC) calculator in four phases, beginning in July and continuing over the next quarter:
    1. Family tax credit (FTC).
    2. Minimum family tax credit threshold (MFTC).
    3. Best start tax credit (BSTC).
    4. In-work tax credit (IWTC).
  • Include more transactions in the tax statement
    Individuals only—For IR3 and IR3NR, Working for Families Tax Credits and Student loan repayments transactions will automatically be taken into account when generating tax statement PDFs.
  • Use of Money Interest (UOMI)
    Calculate the UOMI based on the RIT and send the value via the tax statement.
  • Access to IRD number in Compliance
    The IRD number to be more visible within Compliance.
  • Enhanced tax statement with schedule
    Visual improvements to the PDF.
  • Ability to identify the transfers details
    Get visibility of transfer details when there are refunds in the tax returns, specially when there are multiple refunds.
  • Display bank account details when preparing a return
    You'll be able to check that the bank account held at IR is the correct account.
Tax notices
  • More options for sending tax notices
    You'll be able to send tax notices in bulk or individually via email directly from MYOB Practice.

  • Additional filtering for the Tax notices list view
Data reconciliation
  • Add tax types
    Add student loan, donation tax credits, working for families tax types in Data reconciliation.
  • View and manage more transactions
    Add, reconcile, delete and unreconcile SLS, REB and FAM transactions in Data reconciliation.
Tax notices and Data reconciliation
  • Access management for key Data Rec. & Tax notices actions
    Manage who in your practice can perform specific functions in Tax notices and Data reconciliation.

Disclaimer

The MYOB Practice Tax (NZ) coming soon page outlines our plans based on current expectations, forecasts and assumptions. MYOB is committed to remaining agile and responsive to customer and market requirements. This means that it may be subject to change without notice and shouldn't be relied on when making investment decisions. MYOB provides no representations or warranties (whether express or implied) that the products or features outlined in the MYOB Practice Tax (NZ) coming soon page will be suitable for your particular business needs, and we make no guarantees regarding any projected product releases, new features, timelines or efficiencies.