Do I have to reapply for the exemption order every year?

You only need to submit the exemption order once to your bank. It is then valid until you revoke or amend it. Capital income of up to €1,000 can be exempted from deduction. For spouses and persons in a registered civil partnership who are jointly assessed, this amount is doubled so that a total of up to € 2,000 in investment income can be exempted.