Changes to income tax, nursing care, health and social care funding and child benefit make up part of this year's Budget.
In Tynwald this morning Treasury Minister Alf Cannan delivered his first budget speech - the plan will now be debated by Tynwald Members before they vote on it.
The Department of Health and Social Care will receive an additional £11 million to fund health services - child benefit will also rise by two per cent for the first time since 2010.
A 'five year financial plan' has also been set out which Mr Cannan says will help secure a sustainable position:
Repairs on Peel Power Station to get underway
Manx Care doctor survey to be discussed by Tynwald
Weather warning for snow tonight
MHK queries safety at primary school in Ballabeg
Gales put two ferry sailings at risk tonight
Should the Island throw a birthday party for Barry Gibb?
Warning issued over icy roads
High ground could see 4 inches of snow on Saturday night
