New Zealand – Australia (International) – FAQ

How are Giftcards treated for tax purposes in New Zealand (VAT, single-purpose / multi-purpose)?

Giftcards are subject to goods and services tax (GST). Single purpose Giftcards are taxed on issue, multi purpose Giftcards only on redemption.

What special rules apply in New Zealand to the sale, issuance, or redemption of Giftcards?

Giftcard sales are widespread. Providers must clearly state the validity period and all conditions. Unfair terms are prohibited under the Consumer Guarantees Act.

Is there a legal rule in New Zealand on the validity period of Giftcards?

Yes, in New Zealand the validity period of Giftcards is regulated by law. Under the Fair Trading Act 1986, Giftcards generally must not expire before three years unless a longer period is stated.

What consumer rights apply in New Zealand for expired Giftcards?

Giftcards must not expire before three years. Merchants may offer longer validity periods but not shorter ones. After expiry, there is no statutory obligation to refund.