The Department of Social Care will introduce means testing for child benefit.
It will begin in April next year if Tynwald approves the plan later this month.
The change will see child benefit stopped completely for 10 per cent of families with an annual income of over £90,000.
Those with an annual income below £60,000 will continue to receive the benefit.
The move is expected to save £2.5 million per year.
Infrastructure Minister defends road checks for cat’s eyes work
Roads are always inspected by the Department of Infrastructure before workers install cats eyes.
Beauty brand Charlotte Tilbury launches at Boots this weekend
The wait is finally over - Charlotte Tilbury is launching at Boots this Friday.
Isle of Man Energy confirms no gas price rise
Isle of Man Energy says gas prices will stay the same for customers despite rising wholesale costs.
Countdown on for World Downhill Skateboarding Championships
A huge skateboarding event has released a video looking forward to this week's action on the Isle of Man.
Laxey's La Mona Lisa changes hands after 22 years
The owners of a long-running Italian restaurant are handing over the reins.
Cruise ship to visit the Island today
A cruise ship carrying more than 1,000 people is due to visit the Island's capital today.
MHK says minister could have avoided blushes with earlier warning
Arbory, Castletown and Malew MHK Jason Moorhouse says his blushes could have been spared if a minister had contacted him earlier about a question in the House of Keys.
Bad weather means two ferry crossings cancelled
Two ferry sailings have been called off in the face of bad weather tonight.
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