
The most important tool any angler should always have with him/her for removing a hook is a sharp pair of wire cutting pliers.
Here are a few methods for removing hooks.
When a hook's point and barb are protruding out the skin, it's easier to cut off the barb and back the hook out of the wound. This is when those sharp wire cutters come in handy.
The snatch method of hook removal is simple and effective, and it's the best method to remove a hook that's deeply imbedded in the skin and when the barb is buried.
This method is quick, simple and relatively painless, as long as you get it on the first try. The secret to a first time success is yanking the loop of line, which is wrapped around the embedded hook, rather hard so the hook comes out on the first try. The reason you should get it out on the first try is obvious, the patient might not stick around for a second try.
To perform the snatch method when the barb is imbedded, all that's needed is a short length of fishing line, at least 10 pound test, approximately 2 feet long.

First Aid Kit
A basic onboard first aid kit for anglers should contain sunscreen, small bottle of hydrogen peroxide, alcohol wipes. bandages, gauze, tape, antibiotic ointment and aspirin. Another essential should be a brand new pair of needle-nosed and wire cutting pliers, sealed in a seal-lock plastic baggy. All Anglers, especially those using live and dead bait, should always have their tetanus shot up to date.
The following link leads to a downloadable .pdf file concerning 4 methods of Hook Removal