Alfred Cannan outlines plans for increases to personal allowances and child benefit
The treasury minister has announced increases to income tax personal allowances and child benefit in this morning's budget speech.
Alfred Cannan is currently setting out his plans for government spending over the next 12 months.
Personal allowances will rise from £13,250 to £14,000 from April, while child benefit will go up by 5%.
The proposals are subject to Tynwald approving the budget.
Mr Cannan has also been speaking about the importance of spending public money responsibly:
Study finds Isle of Man's clothing offering rates poorly for women
Charity implores people to 'adopt responsibly' as it faces capacity issues
'Poor prospect' for qualifying this evening
Positive response to decision to let dogs on beach all year
