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Surely you have took 40% of in your calculation, yes the grant is taxable but it has to be added to your annual accounts so would be classed as taxable income after submitting tax return for 2020 to 2021Yes , find your last 3 years profit figures , not turnover.
Add all 3 together and then divide by 3. This gives you your average profit.
Minus 20% as he paying 80% and then minus 20% off that too as its taxable.
Divide that by 12 as that gives you a monthly profit figure and then X3 as he is paying for 3 months worth at present.