In our first episode of the new season of talkBIG, we answer one of the most common questions accountants hear during tax season: what expenses &quot;count&quot; as taxable deductions?Our talkBIG hosts, Andrew, Chris, and Young,  discuss the &quot;golden rules&quot; of managing tax deductions. Along the way, they cover the Australian Tax Office (ATO) rules surrounding:<ul><li> travel expenses</li><li> record keeping</li><li> COVID-19 payments </li><li>RAT tests</li><li> changes to superannuation</li><li>cars</li><li> clothes</li><li>laundry</li><li>education and training </li><li>working from home</li><li>holiday homes </li><li>rental properties</li></ul> If you&apos;ve ever been unsure about what things can be deducted when doing your tax return in Australia - this episode is a must-listen!Thanks for listening! Visit the <a href='https://www.rsm.global/australia/podcast/talkBIG'>RSM Australia website</a> to ask the hosts a question.

Building your personal wealth

RSM’s talkBIG podcast will make you better with money and is a platform to entertain and educate.Designed for the financial geek or the newbie, we talk about all things financial with straight shooting opinions from our hosts Andrew, Young and Chris. Enjoy a cold beer or wine (if you’re not in the car listening) and get your hit of personal and business money talk.This podcast delves into real life stories and inspires listeners to talk and think BIG. Setting you up to save, create and protect your wealth.