️🎁💰 Valentine's Day - Australian Tax Edition Here’s your guide so you can make properly tax-informed decisions about what to gift on Valentine's Day. | 12 comments on LinkedIn According to the Government’s Gender Workplace Equality Agency (WGEA), the national gender pay gap in Australia sits at 14.1 per cent. To break that down, on average, women bring home $263.90 less weekly than men. So, men you have no excuse — you are earning more than enough to cover dinner out. According to the Australian Retailers Association, 3.8 million Australians intend to buy gifts for their special people this year, spending $70 million (up to 15 per cent) on last year. This marks the first time that Valentine’s Day spending has exceeded $500 million. Research from the Australian Retailers Association (ARA) and Roy Morgan suggests 3.4 million people in Australia will be buying gifts this year to show their love. 2. Dining Out: The Premium You Pay For Romance. Dining out on Valentine’s Day may be a mistake. Restaurants capitalize with exclusive prix-fixe menus that often come with a hefty markup. Yes, you guessed it – Valentine’s Day is approaching, and it happens every year on 14 February. Let’s look at what Valentine’s Day means in Australia and how you can make the most of it – whether you're celebrating with a special someone or close friends. Federal income tax returns must be lodged annually. The Australian tax year, or year of income, ends on June 30. A Substituted Accounting Period may be adopted as the income tax year with the written approval of the Commissioner. Australians don’t have much of a sweet tooth this Valentine’s Day, with sweets and candy accounting for just 23% of Aussies’ gifting plans. What do these insights mean for you? Economic uncertainty has undoubtedly caused a dip in spending compared to previous years. Nielsen has released comprehensive data on Valentine’s Day spending across Australia in 2024. The data, collected by Nielsen’s Consumer & Media View (CMV), provides a breakdown by age, state, and territory. The average Valentine’s Day spend dropped by 9.3% from 2023 to 2024, likely due to increasing cost of living pressures. The average Valentine's Day spend dropped by 9.3% from 2023 to 2024, likely due to increasing cost of living pressures. The survey sampled almost 30,000 Australians aged 14 and over. Interestingly, men in Canberra aged between 18 and 25 were the biggest spenders, with an average spend of $172. Show some love to those who matter most with a Valentine’s Day eCard💘. Make a donation on behalf of someone special this Valentine’s Day and send a puntastic wildlife eCard! Send a personalised eCard that celebrates Australia’s precious wildlife while supporting the ongoing conservation of our most threatened species and ecosystems. Every year, Valentine’s Day in Australia is observed on 14 February, regardless of the day of the week. Valentine’s Day 2024 falls on a Wednesday. Since it’s tricky for many people to go out and have a proper celebration on a weeknight, many may opt to celebrate the weekend before or the weekend after. Nothing says Valentine’s Day like a little Tiffany magic — especially when it’s wrapped around your wrist in 18-carat rose gold. Inspired by an 1883 padlock, As you can see, sales tax gets complicated quickly and typically varies by state. Don’t worry about it too much this week, and enjoy Valentine’s Day with your loved ones. Our team of experts can help determine your tax liabilities after the holiday! Finally, here are some more ideas to celebrate Valentine’s Day in style: 14 Valentine’s Crafts That Will Melt Your Heart; Valentine’s Day Tablescapes; 14+ Easy Valentine’s Day Decorations; Crochet Heart Tutorial Tax included. Shipping calculated at checkout. Go to cart; NEW; ALL; By Price. Send some love over the oceans or within Australia for Valentine's Day, Tuesday As Valentine’s Day 2025 approaches, Australians will celebrate love with a distinctly local flavour, blending traditional romantic gestures with uniquely Australian experiences. This year’s celebration, which falls on a Friday, will transform into a weekend-long festival of romance across the continent, from Sydney’s harbour-side Valentine's Day in Australia | Luxury Valentine's Day Experience Romance, Aussie-Style: A Valentine's Day Like No Other Valentine's Day in Australia offers a refreshing twist to the traditional celebration of love. This unique occasion merges the warmth of Australian summer with the universal language of love. As an avid explorer and lover of Australia's rich cultural and natural tapestry, I'm Celebrated annually on February 14th, Valentine’s Day is one of the most commercially significant holidays worldwide. While it traditionally focuses on flowers and romantic dinners, the rise of e-commerce, changes in consumer behavior, and the growth of online shopping have also made it a global shopping event. 4. When Is Valentine's Day In Australia? In Australia, Valentine's Day is observed on February 14 each year, irrespective of the day of the week. In 2023, Valentine's Day falls on a Tuesday. Due to this, it may be difficult for many to go out and celebrate on a weeknight. Most will prefer celebrating the weekend before or after this occasion. 5.
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