MYOB is the first to launch a digital signatures service to its customers in New Zealand, following Inland Revenue’s digital signature acceptance.
Parliament changed the law earlier this year to simplify the taxation system and make better use of digital technologies.
Documents such as tax returns can be filed with an electronic signature rather than in writing, meaning there will be no need to print, sign and send forms to Inland Revenue.
Ingrid Cronin-Knight, MYOB spokesperson says they’re proud to be the first business in New Zealand to offer this services to its customers.
“MYOB is focused on bringing innovative new services to market. We know small to medium sized businesses are always looking for ways to improve productivity in their operations,” she says.
“The new service means tax compliance documents can be quickly and securely transmitted to Inland Revenue without the need for paperwork and without the painful delays. Businesses can do it simply and easily, directly through our platform or via their accountant.”
MYOB has been working with Inland Revenue to find ways of simplifying a range of compliance and taxation processes. As well as digital signatures, the accounting software provider has worked with the government on the introduction of eGST, as well as changes to provisional taxation.
“We have a positive working relationship with government and are always looking for ways to make business processes easier and better,” says Cronin-Knight.
“We’re delighted with the digital signature functionality. It follows on from MYOB being first to launch eGST filling services in New Zealand and demonstrates that a local focus will continue to pay off for our customers,” she explains.
“The ability to digitally connect with Inland Revenue demonstrates the benefits of cloud-based business accounting software. MYOB is committed to delivering new innovations in business accounting to help New Zealand businesses succeed.”