Introducing means testing for child benefit will help government save £2.5 million a year.
The Department of Social Care will ask Tynwald to approve its plans saying the proposals are long overdue.
The department currently spends £16.5 million on child benefit each year – giving money to around 9,500 families.
The changes would see the benefit stopped completely for the 10 per cent of families who earn more than £90,000.
Minister Chris Robertshaw says it will be a fairer system:
More Liverpool ferry delays today
Two more Manannan sailings between the Isle of Man and Liverpool will be running late today.
Did you see crash involving car and motorbike?
Police are asking people to come forward if they saw a crash in the west of the Island at the weekend.
Farm becomes hotbed of gambolling!
A farm in the west of the Island is offering the chance to see lambs being born this week.
Group to hold weekly vigils over Gaza genocide
Amnesty International's Isle of Man group says it'll hold a vigil for the Palestinian people in Douglas this week.
Castletown hit by more vandalism
Vandals have struck again in Castletown.
Mountain Road closes for TT work
A section of the Mountain Road closes later today for a week as work gets underway to make sure it's ready for TT.
£1.4 million of new buses expected this year
The Isle of Man will be getting £1.4 million worth of new buses later this year.
Dog fouling reported to police, say commissioners
A village in the south of the Island is warning pet owners to make sure they clean up after their dogs.
