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Luxury Tax

Posted: Mon Jun 26, 2023 5:33 pm
by Eclipse
We are having issues with our finances. We have a salary cap set and a luxury tax to be paid for teams going over the cap. No team has gone over yet, but every team has 13-17 million in the Luxury Tax Total on the team finance page. Are we doing something wrong with the settings or is this a bug?
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Re: Luxury Tax

Posted: Mon Jun 26, 2023 7:30 pm
by SimonT
What your league website URL?

Re: Luxury Tax

Posted: Mon Jun 26, 2023 8:00 pm
by Eclipse

Re: Luxury Tax

Posted: Tue Jun 27, 2023 9:25 am
by SimonT
Hi.

The default value for those options are 0 and 0. Since you change "PCT of Over to Paid" to 100 but left "Luxury Tax per Day" to 0, all your daily expense over 0 will be charge at 100% more. What the goal you are trying to have this option?

Re: Luxury Tax

Posted: Tue Jun 27, 2023 9:31 am
by Eclipse
I want teams to pay 100% the amount they are over the salary cap. If a team is over the cap by 1mil they pay 1mil

Re: Luxury Tax

Posted: Tue Jun 27, 2023 3:32 pm
by SimonT
Then you put in the "Luxury Tax per Day" the amounts of salary cap divise by the number of days in your pro schedule. So in your case, 40,000,000 / 148 = 270,270$

Re: Luxury Tax

Posted: Tue Jun 27, 2023 5:25 pm
by Eclipse
Thank you