diff --git a/src/components/templates/gift-card-table/index.tsx b/src/components/templates/gift-card-table/index.tsx
index dfe34ff0a0..bb10d7934a 100644
--- a/src/components/templates/gift-card-table/index.tsx
+++ b/src/components/templates/gift-card-table/index.tsx
@@ -130,7 +130,7 @@ const GiftCardTable: React.FC<GiftCardTableProps> = ({ giftCards }) => {
           {giftCard.balance ? (
             giftCard?.region ? (
               formatAmountWithSymbol({
-                amount: giftCard.value,
+                amount: giftCard.balance,
                 currency: giftCard.region.currency_code,
               })
             ) : (
diff --git a/src/domain/gift-cards/custom-giftcard.tsx b/src/domain/gift-cards/custom-giftcard.tsx
index d2d89d876d..3f13a1f8d3 100644
--- a/src/domain/gift-cards/custom-giftcard.tsx
+++ b/src/domain/gift-cards/custom-giftcard.tsx
@@ -51,9 +51,7 @@ const CustomGiftcard: React.FC<CustomGiftcardProps> = ({ onDismiss }) => {
 
     const update = {
       region_id: selectedRegion.value.id,
-      value: Math.round(
-        giftCardAmount / (1 + selectedRegion.value.tax_rate / 100)
-      ),
+      value: Math.round(giftCardAmount),
       ...data,
     }