Treasury Minister Chris Thomas says employers' national insurance rates will be frozen over the coming year.
In his first budget speech since becoming minister, he said the rates would be frozen - saving companies 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:
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Another one bites the gust - as Ramsey rocks cancelled
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Mountain Road closed again after crash
The Mountain Road is currently closed after a crash.
Merchant Navy Day to be marked with memorial service
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Noel back in the saddle after handy pub pumping leaves him smiling
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