Ronald runs his own public relations business. During the year he incurred the following expenses:

1. salary costs of $350,000;
2. travel expenses of $7,000 for travel between home and work;
3. travel expenses of $3,000 for travel from a client's premises to his home;
4. $1,500 on a new suit to impress his clients;
5. $700 on membership of the local sports club where he entertains clients;
6. $8,000 in meal expenses on entertaining clients.

Required:

State whether the above would be allowed as allowable deduction against assessable income. Provide a justification for your argument based on statute and case law