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https://help.myob.com/wiki/x/2yCyB
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- 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.
- See the features that have already been released on the What's new page.
- Check the status of issues on the Known issues page.
January–March 2022
When an item's been tagged as RELEASED, you can click the tag to see more information about that feature.
In addition to the features on this page, we're continually working on general stabilisation and reliability improvements to bring you the best experience possible.
Regulatory changes for 2022
We're updating the legislative changes for all supported return types for the 2022 tax return year.
Rate changes—A new 39% tax rate for individuals.
Interest limitation—New fields relating to interest deductions on residential rental properties for all return types.
Updates to the IR6 trust return—Includes additional beneficiary fields and new fields for settlor details and financial information.
February 2022 update!
Here’s more of what you can expect with the upcoming regulatory changes...
Roll over data for your 2022 returns. If you had a 2021 return for your client, a 2022 return header will be created for that client. You can also manually create headers.
[PRAC-807/1180]
Roll over compliance settings from the previous year.
Additional government subsidy pre-population.
Business continuity test for IR4s.
Removal of the temporary loss carry-back scheme from returns.
Calculate the allowable tax credits that can be claimed.
Resolved issues.
[PRAC-1032]
Updates other than regulatory changes:
IRD number validations and errors.
Improved tax statement display and formatting.
[PRAC-1063]
- You'll be able to learn more in our free webinar. Register now.
- IN PROGRESS
PRAC-1032
- Rolling over your return data
You'll be able to roll over your returns from 2021 to 2022.
IN PROGRESS
PRAC-1180/970
Improved tax statement formatting
We're improving the formatting of 2020 and 2021 tax statements, and improving the formatting and layout of 2022 tax statements, to increase usability and readability.
PARTIALLY RELEASED 7 MARCH 2022 Learn more.PRAC-1063
Bulk filing of tax returns
You'll be able to select and file multiple tax returns at the same time.February 2022 update
We’ve been focused on bringing you all the latest regulatory changes for 2022 listed above. We’re still working to bring you bulk filing as soon as possible, but the focus on regulatory changes means we now expect to have bulk filing available in April 2022. In the meantime, you will need to continue to file tax returns individually.
DELAYED TO APRIL 2022
PRAC-459
Improved basis information used for tax notices
The basis information displayed for tax notices will include the return status, and will use the return from the year before last if there’s no assessed, filed or approved tax return for the last two years.
RELEASED 23 MARCH 2022 Learn more.PRAC-1074
Calculation for the Working for families amount in terminal tax notices
Currently, if Working for families is overpaid, you have to make a voluntary adjustment. This feature will display any refunds, transfers and other transactions for FAM so the amount due is automatically calculated.
RELEASED 1 MARCH 2022 Learn more.PRAC-1170
Add comments to tax notices
You'll be able to add comments to tax notices. You'll also be able to export the comments to Excel using the existing export feature. You can use the comment feature, for example, to capture notes about your client or to help you keep track of key information about the tax notice. Comments won't be visible to your client or IR.
RELEASED 15 FEBRUARY 2022 Learn more.
PRAC-693
Use tax return data in terminal tax notices without having to file the return
Currently, the terminal tax notice is populated with tax return data when the return has a status of filed. Soon, the notice will be populated with tax return data earlier, when you send the return to a client and it has a status of Pending client signature. This will make terminal tax notice data population work the same way as it does for provisional tax notices.
RELEASED 10 MARCH 2022 Learn more.
PRAC-895
April–June 2022
When an item's been tagged as RELEASED, you can click the tag to see more information about that feature.
In addition to the features on this page, we're continually working on general stabilisation and reliability improvements to bring you the best experience possible.
Edit calculated fields in IR7 Partnership returns
You'll be able to enter amounts for fields, which can be useful when income isn't allocated on a percentage basis.
IN PROGRESSPRAC-1057/1247
Bulk filing of tax returns
You'll be able to select and file multiple tax returns at the same time.
IN PROGRESSPRAC-459
-
PRAC-908
Nav between tax returns and schedules. Q1 or Q2?
Display status information
You'll be able to access descriptions of what different statuses mean to help you understand the progress of tax notices.
IN PROGRESSPRAC-
Data reconciliation refresh button
The Refresh IRD INC data button functionality will be expanded to refresh all four tax types.
IN PROGRESSPRAC-1009
Display local date and time
Timestamps will be based on your system's local date and time. For example, timestamps on lodged returns.
IN PROGRESSPRAC-107
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.
Page last updated: 28 March 2022
IN PROGRESS RELEASED DELAYED MOVED TO BACKLOG EARLY ADOPTER PROGRAM