The Island's higher tax rate will go up by two per cent this year, to pay for the NHS.
This morning in his budget speech, Treasury Minister Dr Alex Allinson said personal allowances will be unchanged at £14,500 for individuals and £29,000 for couples.
The lower rate of income tax stays at 10 per cent, with a threshold of £6,500 for a single person and £13,000 for a couple.
But the higher rate of tax will rise from 20 per cent to 22 per cent - with the extra cash set aside for healthcare.
Two more schemes backed by government fund
Island to get Bikesafe scheme for first time
Jurby Junk's Stella dies aged 90
No plans to publish UK's assisted dying letters
Burst water main disrupts Onchan supply
Government advice following spike in data breaches
Plans for four-foot flood walls at Ramsey harbour
Garage blaze in the early hours of this morning