Latest figures show there are currently 15 retail businesses on Island recording a minimum of £500,000 profit each year.
Last year this amounted to £2.2m in tax revenue collected on Island.
Back in 2013, then Treasury Minister Eddie Teare forecast this should be generating £3.5m per year.
Responding to a question in the House of Keys yesterday, current Treasury Minister Dr Alex Allinson highlighted how the numbers of businesses in this tax bracket is growing year on year:
Woman plans to ride 100 miles for charity
A local woman plans to cycle 100 miles to raise money for four Island charities, starting this week.
Roadworks near Foxdale this week
The Department of Infrastructure says it's carrying out roadworks on a route near Foxdale this week.
Postal vote deadline looms for those living abroad
If you live outside the British Isles and want to vote by post in this month's election, you have just hours to apply.
MP reveals more details of Whitehaven ferry proposals
An MP who wants to set up a ferry route from Cumbria to the Island has revealed more details about what's proposed.
Council wishes Bee Gee happy 80th birthday
Douglas Council's wished one of the Island's biggest stars a very happy birthday!
Warning over traffic delays as city centre work gets underway
A busy street in Douglas city centre will have temporary lights this week.
Cruise ship makes fifth visit of year
A cruise ship is making her fifth visit of the season to the Isle of Man today.
Bee Gee's birthday marked by family and fans
Barry Gibb's family and Bee Gees fans are on the island today to mark the star's 80th birthday.
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