The Tax Practitioners Board (TPB) has terminated the tax agent registration of Parampreet Singh Rajput after finding him not to be a fit and proper person, imposing a 4-year ban prohibiting him from re-applying for registration.
Mr Rajput is the sole director of an associated company, P&G Accounting Solution Pty Ltd, that also had its tax agent registration terminated with a 4-year ban on reapplication.
Mr Rajput is also a director of an additional 7 companies that have had their respective tax agent registrations terminated by the TPB, namely KPG Taxation Brisbane Pty Ltd, KPG Taxation Craigieburn Pty Ltd, KPG Taxation Derrimut Pty Ltd, KPG Taxation Shepparton Pty Ltd, KPG Taxation South Morang Pty Ltd, KPG Taxation Sydney Pty Ltd, KPG Taxation Tasmania Pty Ltd.
The TPB’s finding that Mr Rajput is not a fit and proper person was based on conduct that resulted in multiple breaches of the Code of Professional Conduct in the Tax Agent Services Act 2009. These findings relate to the obligations to act with honesty and integrity, and to comply with taxation laws in the conduct of your personal affairs, including:
- a Federal Circuit and Family Court of Australia finding that his company contravened the Fair Work Act 2009 in Kaur v P&G Accounting Solution Pty Ltd [2025] FedCFamC2G 30 (Kaur Judgment)
- failing to notify the TPB of the Kaur Judgment within 30 days
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instructing a second employee to make payments to him for their full wages and superannuation, known as a ‘kickback wage payment’
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making false and misleading statements to the Australian Taxation Office and being found to have engaged in tax evasion by incorrectly reporting figures in several income tax returns resulting in significant tax shortfalls.
The TPB also considered that the conduct regarding the ‘kickback wage payment’ arrangement was deliberate, extended over significant periods, and had serious impacts on vulnerable employees.
Mr Rajput applied to the Administrative Review Tribunal (ART) for a stay and review of the TPB’s termination decisions for himself and his related entities. On 26 March 2026, the ART refused to stay all 9 termination decisions. The matters will now proceed to final hearing in the ART.
TPB Chair, Mr Peter de Cure AM said: ‘Community confidence in the tax profession is paramount and the TPB is committed to protecting the public and ensuring the integrity of the tax profession and the tax system.’
Mr de Cure went on to say ‘Practising in the tax agent profession is a privilege. Most of our registered tax practitioners work hard every day to support our community. It is the conduct of a few such as this that undermines community confidence in our tax profession and ultimately the tax system. Where a tax agent has fallen well short of the appropriate standards of professional and ethical conduct, the TPB will take decisive action’.
The TPB advises that Mr Rajput and his associated entities are no longer permitted to provide tax agent services. If they continue to provide any tax agent services, the TPB encourages members of the public and the tax profession to report this information immediately through the TPB’s online complaints form.
The TPB also reminds registered tax agents that allowing Mr Rajput to provide tax agent services under their registration is strictly prohibited. The TPB will be actively monitoring for this conduct and if it occurs will take appropriate compliance action.
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