UK fintech company Revolut faces dispute with former employees over stock award tax issues

According to TechFlow on December 21, citing the Financial Times, UK fintech company Revolut has become embroiled in a dispute with several former employees. The conflict arose after these employees faced significant tax burdens when exercising stock awards, and they believe the information previously provided to them was inconsistent with the final tax treatment, leading to a discrepancy between their tax expectations and reality. The dispute centers on Revolut's tax arrangements and communication methods regarding employees leaving the company or cashing out, and both sides currently disagree on how to handle the related tax payments.