Incorrect hours of work in Teams

I found the issue - perhaps this solution will work for you.

Issue: 

Local Meeting/Teams Time ≠ Local Outlook Time

Potential Solution:

1. Go to Outlook on the web.
2. Click the settings icon, and navigate to General > Language and Time
3. Look at "Time zone" and click change (even if it looks correct!)
4. Look at the available settings - there should be a prompt near the bottom suggesting that your meeting time is different to your outlook time. It should allow you to hit a button that synchronises the time zones.

Note: This solution still hasn't synchronised yet, which I think is a server update issue. I'm hoping this will resolve it, since the prompt pointed out the exact problem I was having and provided a button to synchronise time zones. This should solve the problem.