PART B $(5$ marks, $9$ minutes$)$You have recently been employed by a firm of accountants as a tax adviser. The following queryregarding a South African resident client has been referred to you:Tsepi Nota $($Pty$)$ Ltd $($TN$)$ carries on a business as a transport contractor, transporting goods allover South Africa. The company also transports passengers $($and their personal belongings$)$ to andfrom Durban and Johannesburg by means of luxurious buses.After receiving numerous complaints from passengers TN now provides a meal and refreshmentsto all passengers travelling on its buses. TN has contracted with a catering supplier to supply andpre$-$pack meals and refreshments for this purpose. Each meal will be purchased by TN for R$92,00($i$.$e$.,$ R$80$ plus VAT of R$12).$ To cover, in part only, the additional cost of the meal, TN will increaseits ticket price of a single trip by R$20.$REQUIRED: MarksTN $($a registered VAT vendor$)$ would like to know the VAT implications of thepurchase of the meals and the increased ticket price.