Treasury Minister Chris Thomas says employers' national insurance rates will be frozen cover the coming year.
In his first budget speech since becoming minister, he said rates would be frozen - saving employers around £53 a week for each worker.
He told Tynwald that would allow businesses to plan with confidence.
Mr Thomas made the announcement during the court's February sitting earlier:
Firefighters called to a house fire in Onchan
Today's budget at a glance
Pensions to see 4.8% rise under budget
Income tax threshold rise 'will boost disposable income'
ManxSPCA gives pancake tips for pups
Over £21,000 raised for mum-to-be facing urgent radiotherapy
Ferry crossings at risk from incoming bad weather