MYOB Business Review 2026: Pricing, Payroll Coverage, Pros, and Cons

MYOB Business is built primarily for micro-businesses (1–10 employees), small businesses (11–50 employees), and mid-sized organizations (51–200 employees) operating in Australia and New Zealand. [05] [06] [07] The vendor offers tailored entry-level plans for sole traders alongside more robust "AccountRight" tiers that include unlimited payroll capacity and multi-location management for growing SMBs. [02] [32] [33] Larger mid-market companies and enterprises will likely outgrow the platform, as MYOB Business does not target complex enterprise needs or broad international workforce management. [08] [09]

MYOB Business is strongest for micro, small, and mid-sized companies based in Australia and New Zealand that want a unified cloud solution for payroll, accounting, and core HR tasks like leave management. Its clearest advantage is its deep regional localization, which makes it particularly useful when businesses need automated compliance with the Australian Taxation Office (ATO) or New Zealand's Inland Revenue, including built-in Single Touch Payroll (STP), BAS, and KiwiSaver calculations. [03] [17] [22]

The main trade-off is its strictly regional footprint. The platform lacks global payroll or Employer of Record (EOR) capabilities, meaning it is not equipped to support international hiring outside of the ANZ market. [23] This matters most for growing businesses that plan to hire remote workers globally, as they will be forced to adopt a separate international payroll system.

Choose MYOB Business if your workforce is entirely based in Australia or New Zealand and you value having payroll natively connected to your accounting software. Consider alternatives if you are a large enterprise requiring complex organizational modeling, or if you need a global-first platform to manage payroll across dozens of countries. Before signing, verify total costs, as several base tiers require a per-employee add-on fee to enable payroll functionality. [29] [35]

MYOB Business is a cloud and hybrid payroll and accounting solution designed for small to mid-sized enterprises (SMEs) in Australia and New Zealand. [02] It helps local businesses automate pay runs, calculate taxes and superannuation, and manage employee leave within a single platform. [10] [12]

The platform solves localized compliance challenges by offering built-in tools for Single Touch Payroll (STP), BAS, and GST reporting direct to the ATO, as well as equivalent capabilities for New Zealand. [03] [17] Key features include direct deposits, payslip generation, digital onboarding workflows, and an employee self-service mobile app. [11] [13] [14]

Best for

• Sole traders and micro-businesses seeking a low-cost, standalone payroll tool for a handful of local employees. [05] [27]
• Small and mid-sized businesses in Australia and New Zealand that want to unify their accounting and payroll systems. [06] [07]
• Organizations that require native, automated compliance with ATO (Australia) or Inland Revenue (New Zealand) tax reporting. [17] [22]

Not ideal for

• Globally distributed teams that need to pay employees or contractors outside of Australia and New Zealand. [23]
• Large enterprises requiring highly complex HRIS infrastructure or global workforce management tools. [09]

Buyers should verify first

• The total cost of the platform, as several tiers require a separate per-employee monthly fee to activate payroll. [29] [35]
• Whether the required integration connectors (like Salesforce or Shopify) require additional third-party subscriptions. [19] [20]

According to the vendor, MYOB Business is structured around several plan levels and modules tailored to different business sizes:

• Payroll Only: A standalone payroll solution for businesses that do not require full accounting features. [27] [34]
• Business Lite: An entry-level tier designed for sole traders and small businesses with minimal employees. Payroll is available as an add-on. [28] [29]
• Business Pro: A mid-tier plan for small to medium businesses with multiple employees, offering unlimited invoices and bank accounts. Payroll is available as an add-on. [30] [31]
• AccountRight Plus: A premium tier that includes comprehensive reporting, unlimited inventory, and unlimited payroll natively included in the Australian market. [32]
• AccountRight Premier: An enterprise-grade tier for complex businesses managing multiple currencies or locations. [33]

Payroll and HR Capabilities

Strongest supported capabilities: MYOB Business is strongest in its native payroll tax filing and local compliance features for the ANZ market. [11] [17]

MYOB Business focuses exclusively on local payroll for the ANZ market. [10]

• Local payroll: Fully supported natively in Australia and New Zealand, including automated calculation of superannuation, PAYG tax, and KiwiSaver. [10]
• Payroll tax compliance: The system connects directly to the ATO for Single Touch Payroll (STP) and BAS reporting. [17]
• Limitations: The platform lacks global payroll infrastructure and is not suitable for paying international employees or contractors outside of its two primary markets. [23]

The platform provides lightweight HRIS capabilities designed to supplement its core payroll functionality:

• Leave management: Employees can submit leave requests and check their balances directly through the system. [12]
• Employee self-service (ESS): A mobile app allows staff to access their payslips, view rosters, and manage leave. [13]
• Onboarding: The software includes digital onboarding workflows to capture new hire details efficiently. [14]

According to the vendor's legal and security pages, MYOB maintains the following compliance standards:

• ISO 27001: The Information Security Management System (ISMS) is aligned and certified annually to the ISO 27001 standard. [15]
• Data residency: Production platforms are hosted locally in Australia using Microsoft Azure and Amazon Web Services (AWS). [18]
• SOC 2: The vendor relies on ISO 27001 and does not carry a native SOC 2 certification. [16]
• Payroll tax compliance: The platform includes built-in compliance for Australian regulations, including GST, BAS, and Single Touch Payroll (STP). [17]

MYOB Business fits best for micro, small, and mid-market companies that operate entirely within Australia and New Zealand. [05] [06] [07] It is the strongest choice for local sole traders or SMEs that want to unify their day-to-day accounting ledgers with native payroll processing and direct ATO/Inland Revenue compliance reporting. [03] [22] Organizations with international workforces or complex enterprise HR requirements should look elsewhere. [09] [23]

Before purchasing MYOB Business, buyers should verify:

• Total cost of payroll: Check whether your selected tier includes payroll or requires the $3/month per employee add-on fee.
• Geographic footprint: Confirm that you do not plan to hire outside of Australia and New Zealand in the near future.
• Integration requirements: Validate that your existing CRM or point-of-sale tools (like Salesforce or Square) sync the specific data fields you need.
• Security requirements: Ensure your internal IT policies accept ISO 27001 in place of SOC 2, as MYOB does not carry a SOC 2 report.
• Module limits: Note employee caps on lower-tier plans (e.g., the Lite tier caps payroll at 2 employees).