ITSAGOAL.org - More than just a game
HomeManagerClubMatch daySquadTransfersLeagueCompetitionsStatisticsCommunityHelpShop
   

View forum thread

CREATE
Create your football club from the ground up and establish yourself as a football manager.
MANAGE
Manage every aspect of your football club from player transfers to squad training.
COMPETE
Go head to head with thousands of football managers from all over the world.
General Discussions
« Prev1Next »
19th Jul 16 10:46 PM
stripey
Posts 2,905
Archive News Items
This thread will be compiled over the next week or two to include all of the News items that have disappeared from view.
 
19th Jul 16 10:50 PM
stripey
Posts 2,905
9th Oct 2015

End-of-season Transfer Window

We are pleased to announce that in the end-of-season transfer window, i.e. from Day 53 of each season to Day 3 of the next season, managers will be allowed to search all leagues each day for player transfers.

The Taxman cometh!

One of the issues with the previous version of IAG 2, in particular during the latter seasons, was inflation getting out of control within the game. This led to extremely high prices in the transfer market and the dominance of a small number of clubs. We have been working hard to plan how to control this, for the benefit of all players.

As the subtitle suggests, the taxman is coming to IAG! This is to stop the IAG economy growing too quickly and the aim of it is to take excess money out of the game. It?s important to get the financial model of the game right and therefore this policy will be monitored and reviewed continuously to ensure the correct balance is maintained. This will be introduced at the end of this season, with taxation based on profits from season 1.

So how will this work in practice? Clubs will be taxed on the profit they make during the season and there is a structure of four tax bands.

0 to 2,000,000 - 0% tax (no tax is paid on seasonal losses)

2,000,001 to 5,000,000 - 10% tax

5,000,001 to 10,000,000 - 20% tax

10,000,001 and upwards - 40% tax


As an example a team making a 12m profit will pay the following taxation:

First 2m = 0

Next 3m x 10% = 300,000

Next 5m x 20% = 1,000,000

Next 2m x 40% = 800,000

Total Tax = 2,100,000.

End of season monies are tax free.

To check the club's current profit, go to Club> Finances or click here and your profit is shown on the right hand column of the lower table.

Summary

We would also like to reassure you that the whole financial model of Itsagoal will be constantly reviewed. For example, it may be that we adjust areas such as taxation levels and prize money, and other aspects of income and expenditure as the game develops. We have plans to introduce additional forms of income from sources such as advertising and stadium sponsorship, etc., and so it may be that further adjustments are needed to keep the game in balance.

Best of luck for the rest of the season!

IAG Admin Team
 
« Prev1Next »
 
 

Copyright © 2019 - IAG Games Ltd. All rights reserved.
Disclaimer | Privacy policy | Terms of use | Rules of game