am i self employed or employed ??

[northernladuk]

excellent advice here! I have a quick question too about the whole employeed / self employed. I understand that in the terms I am employed, but I really dont want to deal with the umbrella anymore, any advice on how to get out of it? My T+C's (a fellow contractor did also tell me that they are just a glorified accountant):
16. TERMINATION OF EMPLOYMENT
16.1 This contract of employment is terminable by you on giving the Company one month’s notice in writing, except where you serve notice to terminate your employment during an Assignment, and the notice required under that Assignment is longer than one month, in which case you must give the longer period of notice.

Is this right?

Is that a serious question? You post your T&C's explaining very clearly how to get out and ask if that is right??? I would stay brolly if I was you....

[sliminconcoova]

Is that a serious question? You post your T&C's explaining very clearly how to get out and ask if that is right??? I would stay brolly if I was you....

I am only asking due to what the other contractor informed me. I have no reason to stay under an umbrella beyond the contract to where I am at now.

[LisaContractorUmbrella]

I am only asking due to what the other contractor informed me. I have no reason to stay under an umbrella beyond the contract to where I am at now.

You are employed under a Contract of Employment which is a legally binding document and therefore you must either abide by the terms or you will be in breach

[sliminconcoova]

You are employed under a Contract of Employment which is a legally binding document and therefore you must either abide by the terms or you will be in breach

so there is nothing stopping me, handing in my notice at the end of this contract, setting up a ltd company and working under that at the same time as the notice period?

[LisaContractorUmbrella]

so there is nothing stopping me, handing in my notice at the end of this contract, setting up a ltd company and working under that at the same time as the notice period?

Yes because your umbrella company would be issuing invoices for the work that you do whilst you're under notice