How much will I get with a taxable grant?
The Gov.uk website says your taxable grant will be 80% of the average profits from the tax years (where applicable):
2016 to 2017
2017 to 2018
2018 to 2019
HMRC will add together the total trading profit for the 3 tax years (where applicable) then divide by 3 (where applicable to work out the average.
They will use this to calculate a monthly amount.
It will be up to a maximum of £2,500 per month for 3 months.
The government will pay the grant directly into your bank account in one instalment.