The Tax tab is used to manage tax settings for the client and allows you to review and set tax details for the client.
Only settings that are applicable to the client are available for selection. For example, an you cannot select Incorporated for an Individual client.
Tax tab fields
GST Details
Field | Description |
|---|
GST registered | Select this checkbox if this client is registered with the IRD for GST. When you select this checkbox, the following fields are enabled: Agent files GST GST taxable period Last month of GST period Ratio method.
These fields are cleared and disabled when you deselect this checkbox. |
Agent files GST | Select this checkbox if you prepare and file the GST returns on behalf of this client. If you leave this checkbox deselected, it indicates that the client prepares and files their own GST returns. This field is only available if you selected the GST registered checkbox. |
GST taxable period | Select the GST reporting period in months (1, 2 or 6). This field is only available if you have selected the GST registered checkbox. |
Last month of GST period | Select the last month of a GST period for this client. This is used by MYOB AE/AO to determine all the GST periods for this client based on the value selected in GST taxable period for reporting and statistics. For example, if you select a GST reporting period of 6 monthly and a Last month of GST period of February, MYOB AE/AO will determine that August is also the Last month of a GST period for this client. This field is only available if you have selected the GST registered checkbox. |
Provisional basis
Field | Description |
|---|
AIM method | Select this option if the client is using the AIM (Accounting income method) method. Enabled for individual, company and club or society clients. A PTS, trust, partnership or Maori authority cannot use the AIM method. |
Ratio method | Tick this checkbox if the client is eligible to pay Provisional Tax using the GST ratio method rather than on the RIT from the previous years tax return. If this client uses the Ratio method, enter the GST ratio percentage, as supplied by the IRD, into the % field.
You cannot select the Ratio method if you have selected a GST taxable period of 6 monthly.
This field is only available if you have ticked the GST registered checkbox. |
Entity Details
Field | Description |
|---|
Non-resident company | Select this checkbox if this client is a Non-resident company. You cannot select this checkbox if you have selected the Look-through company checkbox. |
Look-through company | Select this checkbox if this client is a Look-through company. You cannot select this checkbox if you have selected the Non-resident company checkbox. |
Maori authority | Select this checkbox if this client has selected to be a Maori Authority. |
Incorporated | Select this checkbox if this client is incorporated to apply the correct tax rates for incorporates bodies. |
Organisation type | If this client is an organisation, select the type of organisation they are defined as for tax purposes. |
Individual return type | If this client is an individual, select the return type that applies to them. |
Other Details
Field | Description |
|---|
IRD number | Displays the IRD Number for this client. You can only edit this number on the Client page > Main tab. |
Balance month | Displays the Balance month for this client. You can only edit the balance month on the Client page > Main tab. |
Tax client | Indicates whether this client is a tax client by displaying Yes or No. You can change this on the Client page > Main tab. |
Written authority | Select this checkbox if you have written authority from this client to act as their tax agent. |
First return year | (AE) Optional field that can be used to indicate the first year a return was completed for this client using MYOB AE. (AO) Select the first year a return was completed for this client using MYOB AO. If you have upgraded from MYOB AO Classic, this field will display the value that was entered in MYOB AO Classic. |
Tax Details for a specific year
Field | Description |
|---|
Year | Select the tax year you are interested in. |
Agency | Select the Agency that applies for this client in this tax year.
Agencies are maintained using the Maintenance Map > Tax > Maintain Agencies.
|
Return required | Select the checkbox if this client is required to complete a tax return for the selected year. |
Extension | Select the checkbox if this client has been granted an extension of time from the IRD. If selected, the return is excluded from the Statistics Reports for the selected year. |
L Letter | Select the checkbox if this client has been issued a Late Provision of Information letter by the IRD. If selected, the return is excluded from the Statistics Reports for the selected year. |
D Letter | Select the checkbox if this client has been granted deferred status by the IRD for special circumstances. If selected, the return is excluded from the Statistics Reports for the selected year. |
Task bar functions
Function | Description |
|---|
Tax Manager | Opens Tax Manager to enable you to manage this client’s tax position. |
Return preparation | Opens Tax Preparation to enable you to prepare, manage and file tax returns for this client. |
IRD homepage | Opens the Inland Revenue website. |
IRD online services | Opens the Inland Revenue’s Online Services area. |
IRD provisional estimates form | Opens the online Provisional tax estimation form. |
