What’s new in MYOB Practice

New hub for all your clients' tax information

4 October

The Tax clients page is a new area in MYOB Practice for viewing all your key tax information for all your clients.

29 September - New status date field in compliance

On the Compliance page, we've created a new Status date column.

You can sort the returns using this field and keep the progress of your returns.

22 August – A better way to add association details

Tax returns from 2024 onwards let you easily add association details using existing data, including the date of birth and addresses for beneficiaries.

This applies to 2024 tax returns onwards for IR4 shareholders, IR6 beneficiaries or settlors and IR7 partners or owners. It applies to transfers in IR3, IR3NR, IR4, IR526, IR6, IR8 and IR9.

29 July - IR7 Partnership and Look-through-company return updates

• The income and tax amounts will be calculated immediately for each partner or owner after entering the percentage, rather than when the total allocation is 100%.

• Only one error will be shown when the allocation doesn't equal 100%, rather than on each partner or owner percentage field.

2 July - Tax threshold changes for 2025 tax notices

IR3, IR3NR and unincorporated IR9 only

We've applied new rates for tax notices that use the estimation method.

The 2025 tax year uses transitional rates, and the final rates will be used from the 2026 tax year onwards.

Learn more about personal income tax threshold changes on the IR website.

28 May - Improvements to how the Data reconciliation Period summary fields work

If the IR balance owing and Total IR assessment value fields have no value, the fields won't show any value and will appear empty. The fields previously showed a value of $0.00 if they had no value. Now the fields will only show $0.00 if the fields have a value of 0, rather than no value.

23 April - Tax validation message

You'll see a message to warn you if you approve a tax return that has validation errors or hasn't been validated, with an option to continue or go back and validate.

23 April - More ways to filter lists to quickly find what you’re looking for

Filter and field updates

In the Compliance list only:

• The Search field lets you search by client code.

In the Compliance list, Tax notices and Data reconciliation pages:

• You can filter by Manager.

• The Partner filter is available whether or not you have MYOB AE/AO.

• The Staff member filter only shows a name, instead of a name and role.

Filter by the client’s office category

This only applies if you have MYOB Practice and MYOB AE/AO.

If you applied an office category to your clients in MYOB AE/AO, you can filter by office on the MYOB Practice Compliance list, Tax notices and Data reconciliation pages in All clients view. For example, if you want to find all tax returns from clients with an office category of Christchurch.

2 April - Tax compliance for 2024 is here!

You've got all the latest updates you need for the new tax year, including:

• rolling over tax return and compliance settings data from the previous year

• More pre-populated data from IR

• rate changes

• IR6 changes

• other changes and resolved issues.

Learn more about the 2024 tax compliance changes.

15 March - View all tax clients in Data reconciliation
All tax clients are now included in the Data reconciliation page and spreadsheet export. Clients with no account or period available will default to the current tax year for the period. Previously, you wouldn't see tax clients in Data reconciliation if they didn't yet have an account or period applied due to no available IR information.

9 January - Focus on information in schedules with a cleaner interface
When you open a schedule, it'll expand to fill the whole browser tab. Other settings, menus and the client sidebar will be hidden. You'll see the client name, client code and IRD number above the schedule.

14 August - Simplified workflow for removing client file access

This only applies if you have MYOB Practice without MYOB AE/AO

When you remove a user, their access to client files will also be removed. This means you no longer need to remove file access in my.myob. By keeping more of your workflow within MYOB Practice, you get a more consistent, focussed experience.

Deleting the user won't remove their access to client files if the user is marked as Admin in my.myob.com > My account > Manage online file access. To remove file access for Admin users, contact us.

25 June - User management improvements

MYOB Practice users without MYOB AE/AO only

It's easier than ever to add new users to MYOB Practice. You no longer need to create a my.myob account, and you can do all the setup steps from within MYOB Practice.

There are also two new permissions available to control who can manage practice users and online file access.

You may notice some updated permission and label names while doing user management tasks. For example, the Administrator permission is now Practice administrator, the Staff menu is now User and the Roles menu is now Permissions.

Read all about the details about adding users and assigning permissions.