This page lists new features and improvements for all areas of MYOB Practice.
February 2025
Amending company returns
You can amend your company tax return if you have made a mistake, forgotten to add items, or if something has changed after you've lodged your tax return.Add rental property owners from your existing contacts or associations
In a Rental property schedule, you can easily add an owner by selecting from a list of your contacts or associations. This means you don't need to fill in their details manually each time.
You can still add the details manually if you like.View and download the ATO prefill report (Individual tax return)
You can now view the ATO prefill data in a report. We'll save the ATO prefill report in your client's Documents folder for quick access. Note that we don't prefill all the data that is in the report.
Each time you click Prefill from ATO, a new version of the report (including the date and time) will be saved in Documents. If the prefill is not successful, you can't see the report.
January 2025
A better way to manage file access
You can give MYOB Practice users access to client files all within MYOB Practice. You no longer need to go to my.myob to manage file access. This new method is faster, more reliable and gives you a more consistent experience all within MYOB Practice.
Integrate depreciating assets all from one place
Keep all the asset information in one place and integrate them into different worksheets/schedules in a tax return. Integrate the depreciating assets to company, trust and partnership tax returns.
Check out the new tax depreciation worksheet to allocate the amounts to the necessary schedules and worksheet fields.
Identify which tax return sections have data
The tax return navigation bar shows a purple indicator on which items have data. This gives you visibility on which sections have been completed when preparing or reviewing tax returns.
The indicators will appear if items have:
yes or no default selected, such as the Australian resident question on the Front cover
rolled over data from prior year such as tax agent details Jan
As you enter data into the return, the purple indicators will appear after you refresh the return or click Validate.
Can't see these features in MYOB Practice? Clear your browser's cache and refresh the MYOB Practice tab. If you still can't see it, your practice may not have access to that feature.