Tax on interest: Doh-DHO and Doh-Obr, the €1,000 exemption and when it does not apply

Interest from a bank and interest from a broker go on two different forms. The €1,000 exemption applies to only one of them — and that is the most commonly overlooked tax obligation Slovenian investors have.

Short answer

Interest is reported on two different forms. Interest on cash deposits at banks in the EU goes on Doh-DHO, where the first €1,000 a year is exempt — and if you stay below it, no return is required at all. All other interest — including what a broker credits on uninvested cash — goes on Doh-Obr, where there is no exemption and every cent is taxed at 25 %. The deadline is 1 March 2027 for 2026.

Two forms, not two names for one

This is the first source of confusion: Doh-DHO and Doh-Obr are two separate forms, both currently in force — not an old and a new name for the same thing. Which one applies is determined by who paid you the interest, not how much there was.

Doh-DHODoh-Obr
What it coversinterest on cash deposits at banks and savings institutions in Slovenia or another EU member stateall other interest
Exemptionfirst €1,000 a yearnone
Rate25 % above the exemption25 % from the first cent
Typical examplesTrade Republic, N26, NLB, an EU bank depositIBKR “Credit Interest”, money-market funds, bonds, loans

The €1,000 exemption: how it actually works

The rule has three parts, which are often mixed up:

  1. If your total deposit interest for the tax year does not exceed €1,000, no return is required and no tax is due.
  2. If it does exceed it, you file — and you enter all the interest you received, not just the excess. Only the amount above €1,000 then enters the taxable base.
  3. The threshold is annual and aggregate across all banks together, not per bank or per account.

Where interest hides in your statement

This is the most commonly overlooked income precisely because the amounts are small and the broker credits them on its own:

  • Interactive Brokers — the “Credit Interest” line on uninvested cash. For the purposes of the Slovenian deposit rules IBKR is not a bank, so this goes on Doh-Obr, with no exemption.
  • Trade Republic — holds an EU banking licence, so interest on your cash balance belongs on Doh-DHO, with the exemption.
  • Revolut — be careful. A classic interest-bearing deposit at Revolut Bank belongs on Doh-DHO; products branded “Savings” or “Flexible Cash Funds” are often money-market funds, which are not deposits — in that case there is no exemption.
  • Trading 212 — whether interest on uninvested cash qualifies depends on whether it was held as a bank deposit or in a money-market fund; check your statement.

A worked example

An investor received the following in 2026:

  • €1,400 of interest on the cash balance at Trade Republic (a bank in the EU);
  • €300 of “Credit Interest” at Interactive Brokers.
FormReportedExemptionTaxable baseRateTax
Doh-DHO€1,400.00€1,000.00€400.0025 %€100.00
Doh-Obr€300.00€300.0025 %€75.00
Total€175.00

Note two things. First, the full €1,400 is reported on Doh-DHO, not just the €400 of excess — the exemption is applied when the base is computed, not when you fill the form in. Second, the €300 at IBKR is taxed in full, even though the amount is small and even though together with Trade Republic the investor only just crosses the threshold. There are two thresholds because there are two forms.

The rate by year

Tax yearRate
2022 onwards25 %
2020–202127.5 %
Up to 201925 %

What Plutko does

Plutko identifies interest payments in your statement and routes them to the correct form based on the payer and the nature of the product:

  1. separates interest from dividends and other distributions your broker books in the same section;
  2. routes them to Doh-DHO or Doh-Obr depending on whether the source is an EU bank deposit or something else;
  3. converts each payment to euros at the Bank of Slovenia rate for the credit date;
  4. prepares DOH_DHO.xml and DOH_OBR.xml, ready to import into eDavki.

Because there are two forms, Plutko shows interest as one line item with two files — the exemption is applied at assessment, not at preparation.

The methodology, with article references, is published on the Accuracy page.

Frequently asked questions

Do I have to file if I received less than €1,000 of interest?

It depends on the source. For interest on deposits at banks in the EU, no return is required if your total for the year does not exceed €1,000. For all other interest there is no exemption — you report it regardless of the amount, even if it is a few euros.

If I exceed the threshold, do I enter all the interest or only the excess?

All the interest you received from that source. Only the amount above €1,000 then enters the taxable base.

Is the €1,000 threshold per bank or in total?

In total, across all banks and savings institutions in Slovenia and the EU, within one tax year — not per account.

Is interest at Interactive Brokers covered by the exemption?

No. For the purposes of these rules IBKR is not a bank, so its interest (“Credit Interest”) belongs on Doh-Obr and is taxed in full, from the first cent.

What about Trade Republic?

Trade Republic holds an EU banking licence, so interest on your cash balance belongs on Doh-DHO and is covered by the €1,000 exemption.

How do Revolut’s “Savings” accounts work?

It depends on the product. An interest-bearing deposit at Revolut Bank is a deposit and goes on Doh-DHO; products that are money-market funds underneath are not deposits and get no exemption. Check your statement for what you actually held.

Does interest offset against a loss on selling shares?

No. Interest is a separate class of capital income with a flat rate. A capital loss from Doh-KDVP does not affect it.

What happens if I never reported my interest?

You can settle it later through a voluntary disclosure (samoprijava) — if you report the omission yourself, before FURS discovers it, you generally avoid the fine and pay the tax with interest. Because interest often involves small amounts across several years, this is the most common reason for a voluntary disclosure. See the page on voluntary disclosure.

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