Just been told on the SI website by a tester that tax is based on previous years earnings which is why my tax increased so much after getting Blackburn promoted.
Still seems almost imposible to balance the books based on the figures above!
I'm having a similar issue, although not to that extreme. I'm playing as Blackburn and i'm in my third season (2nd in the Prem), last year my tax bill for the whole year was 9m, this year i'm already at £35m and i'm only in Feb. AS you say it's crippling and not sure what to do.
Let me know id...