Malaysia Offer of 13500 RM(Monthly) acceptable or not

Hi Expat team,

First of all, thank you so much for having such great community to help each other.
below is a job offer I received in an MNC, please suggest how is the below compensation looks like

Monthly Salary = 13500 (without tax)
Annual Allowance = 6666 (for 3 yrs only) paid after each year end.

Considering
- 2 BHK flat on rent near Brickfield area ( Non- furnished)
- 3rd standard schooling in a good International or Indian school
- 2900 RM every month to be taken out for payment of EMI back home in India
- Avg to Good living style (no luxury)
- Monthly household expenses
- Utilities expense
- Malaysian Govt Tax
How much I can save monthly to cover any emergency situation or plan a vacation in a nearby country.

Your help will be highly appreciated

1. NON-RESIDENT i.e. until c. September 2019 (or until 182 days* in 2019)
13,500 x 28% non-resident tax = 3,780 per month =  RM9,720 take home pay

Less EMI = RM6,820 available income

RM 6,820
Accommodation  2,500
https://www.iproperty.com.my/rent/brick … sidential/

Schooling 2,000 per child
e.g. https://my.globalindianschool.org/kuala-lumpurhttp://havil.edu.my/

Utilites 400
Groceries 750
Travel 350
Mobile Phone 200
Entertainment 400

Check on Numbeo for COL levels and comparison to current location
https://www.numbeo.com/cost-of-living/in/Kuala-Lumpur

Result - Very little savings on monthly income while paying non-resident tax.

2. RESIDENT
Tax resident rates on 162,000 p.a.
https://www.pwc.com/my/en/assets/public … ooklet.pdf

Annual Allowances (Page 8)
9,000 for you
4,000 for wife
2,000 for child
Total RM 15,000

Taxable income = 162,000 - 15,000 = RM 147,000

Income Tax rates (Page 7)
On first 100k = 10,900
On next 47,000 @ 24.5% = 11,515
Total annual tax = 22,415 = 1868 per month

Take home pay 11,632

Then deduct expenses mentioned above.

It is possible to claim reimbursement of the difference between non-resident rate and resident rate retroactively with your 2019 tax return.

You do not mention if you are contributing to EPF in Malaysia. If so, tax is worked out after deduction of EPF monthly contribution from salary

*Read page 6 of the tax brochure to see how you can link 2018 tax year to 2019 tax year and **retroactively** claim tax-resident rates for both 2018 and the first 182 days of 2019.