Treasury Minister Chris Thomas says more work would be done to calculate how much raising income tax allowances would cost the government.
This week in the House of Keys he faced questions from Arbory, Castletown and Malew MHK Jason Moorhouse about the cost of letting people keep more of their earnings.
Mr Thomas said raising the income tax threshold by £250 would cost around £2.5 million.
But he added that figure could change depending on circumstances:
Road closures planned for tin baths this weekend
One of the highlights of Castletown's summer calendar takes place this Saturday, with a number of road closures planned for the event.
DOI has no junction safety concerns over Iceland plans
The Department of Infrastructure says it doesn't have any safety concerns about a junction near a proposed new Iceland store in Braddan.
LegCo to face questions in this morning's sitting
Members of the Legislative Council will face a total of seven questions when they sit later.
Passport prices to rise
The price of a passport is going up by almost eight per cent in August.
House of Keys to sit for final time before election
The House of Keys will sit later this morning, with the last chance for three new laws to be passed before the general election.
Island cyclist to ride in Tour De France
An Island cyclist has been selected to compete in the Tour De France, starting this Saturday, July 4.
Police appeal over promenade street brawl
Police are appealing for witnesses to a fight which happened on Central Promenade in Douglas
Well-known farm in the west up for sale
A landmark farm in the west of the Island has gone on the market.
