Softwr

Accounting · head to head

MYOB vs TurboTax

MYOB logo

MYOB

Accounting

Australian accounting and business management software for small and mid-sized businesses

From
12/year
Rated
-
Full reviewWebsite
TurboTax logo

TurboTax

Accounting

File yourself with clear, step-by-step tools, or hand it to an expert

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only TurboTax has a free tier, so it costs nothing to try first.
  • Each has a real cost: MYOB every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months; TurboTax pricing varies significantly based on tax complexity and filing date
  • Prices and features above were last checked on 29 August 2026.

Where they differ

Only the attributes on which MYOB and TurboTax actually diverge.

Attributes where MYOB and TurboTax differ
AttributeMYOBTurboTax
Starting price12/yearFree
Pricing modelsubscriptionfreemium
Free tierNoYes

Identical on both: platforms (Web), user rating (Not yet rated), category (Accounting).

What people use each for

The jobs each tool is most often brought in to do.

MYOB

  • Tracking income and unlimited expenses for tax lodgementnot TurboTax
  • Processing payroll with automated superannuation contributionsnot TurboTax
  • Managing GST compliance and Business Activity Statement filingnot TurboTax
  • Reconciling bank transactions and monitoring cash flownot TurboTax

TurboTax

  • Individual tax filing for US residentsnot MYOB
  • Complex tax scenarios requiring multiple schedules and formsnot MYOB
  • Expert assistance or full tax preparation servicesnot MYOB

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MYOB

  • Every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Adding payroll employees beyond the included allowance costs an extra AUD 3/month per additional employee on top of the plan price

TurboTax

  • Pricing varies significantly based on tax complexity and filing date
  • Final price determined at filing time, subject to change without notice
  • Additional state return fees apply beyond federal pricing

Pricing, plan by plan

MYOB

12/year
  • Solo by MYOB$99/year
    • First year $12 (70% off)
  • Business Lite$315/year
    • First year $94.50 (70% off)
    • Payroll $3/month per employee max 2
  • Business Pro$70/month
    • First 6 months $21 (70% off)
    • Unlimited payroll employees
    • 14-day free trial
  • Business AccountRight Plus$165/month
    • First 3 months $66 (60% off)
    • Unlimited payroll
    • 14-day free trial

TurboTax

Free
  • Free EditionFree
    • Simple Form 1040 returns only (~37% of taxpayers eligible)
  • Deluxe$59/one-time
    • Anticipated price, for more complex tax situations
  • Premium$79/one-time
    • Anticipated price, for complex tax scenarios with additional schedules
  • Expert Full Service$null/one-time
    • Custom pricing based on tax situation, forms required, and filing date

Which should you pick?

Choose MYOB if

Nothing in the data separates MYOB from TurboTax on the points above - pick on price and on how each one feels to use.

MYOB review

Choose TurboTax if

  • You want to start without paying.
TurboTax review

Questions people ask

Is MYOB or TurboTax better?
Neither clearly leads. MYOB starts at 12/year and TurboTax at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MYOB or TurboTax?
TurboTax has a free tier; the other does not. Paid plans start at 12/year for MYOB and Free for TurboTax.
Does MYOB or TurboTax run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use TurboTax for free?
Yes. TurboTax has a free tier, so you can try it without paying. MYOB starts at 12/year.
What is MYOB best used for?
MYOB is most often used for tracking income and unlimited expenses for tax lodgement, processing payroll with automated superannuation contributions, managing gst compliance and business activity statement filing, reconciling bank transactions and monitoring cash flow. Of those, tracking income and unlimited expenses for tax lodgement and processing payroll with automated superannuation contributions are not what TurboTax is typically brought in for.

Answered from the vendors’ own pages

MYOB: How much does MYOB cost?

MYOB pricing starts at $12 AUD per year (first year only) for Solo, with plans ranging to $165 AUD per month for AccountRight Plus after introductory periods expire.

Source
TurboTax: How much does TurboTax cost?

TurboTax offers a free option for simple returns (~37% of filers), Deluxe at $59, Premium at $79, and Expert Full Service with custom pricing determined at filing time. Actual prices are subject to change and vary based on tax situation complexity.

Source
MYOB: What is MYOB's introductory pricing?

MYOB offers 60-70% off introductory pricing for the first 3-12 months depending on plan selection, after which regular pricing applies with no lock-in contracts.

Source
TurboTax: Is there a free version of TurboTax?

Yes, TurboTax Free Edition is available at no cost for simple Form 1040 returns. Eligibility is limited to approximately 37% of taxpayers with straightforward tax situations.

Source
MYOB: Does MYOB include payroll pricing?

Payroll starts at $3/month per employee (limited on lower tiers) and is included unlimited on Business Pro and AccountRight Plus plans.

Source
TurboTax: What extra fees apply when using TurboTax?

State return preparation requires additional fees beyond federal pricing. Price adjustments also apply based on the version selected and the date you file or e-file, as stated in TurboTax terms.

Source
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