Fishers

This Web page provides easy access to publications and forms dealing with tax information for people earning income as a self-employed fisher or as a member of a fishing partnership.

Workers engaged in fishing - Employees or self-employed?

What's new

Beginning with the 2006 tax year, it is mandatory for a fisher’s income to be reported on a T4 slip. If you are a self-employed fisher's designated employer (for example, the buyer of the catch) or a buyer with whom, in a calendar year, a self-employed fisher has filed a Fisher's Election to Have Tax Deducted at Source, you have to file a T4 information return for that year. For T4 completion instructions, see Employer's Guide - Filing the T4 Slip and Summary.

Guides

Fishing Income (T4004)

Fishers and Employment Insurance (T4005)

Forms

TD3F Fisher's Election for Tax Deductions at Source

T2121 Statement of Fishing Activities