XTRA:SAPSoftware
SAP’s HMRC Cloud Tax Overhaul Puts Valuation And Execution In Focus
SAP (XTRA:SAP) has been selected by HM Revenue & Customs to lead a cloud based overhaul of the UK’s core tax and revenue systems.
The multi year programme will move key HMRC workloads to SAP’s cloud and introduce AI tools across national tax administration.
The project aims to modernise core infrastructure and improve taxpayer experience for individuals and businesses across the UK.
For SAP, with a current share price of €166.6, this HMRC win comes after a period of mixed share performance...