Currently, the maximum possible speeding fine for driving above the limit is £1,000, but this upper limit is due to be hiked by 150%
British motorists who are caught speeding could end up forking out up to £2,500 in fines when changes to the law kick in next month.
Currently, the maximum possible fine for driving above the speed limit is £1,000, but this upper limit is due to be hiked by 150% from April 24.
From that date, offenders can be charged up to 175 percent of their weekly income if they are caught speeding.
Fines are divided into three bands – A, B and C, which correspond to how serious the speeding offence is.
Drivers caught at speeds up to 10 mph over the limit are classed as band A, with band B fares relating to offences where motorists were clocked at 11-21 mph over the limit.
The most serious category of offence is band C, which applies to drivers exceeding the speed limit by more than 21 mph.
These band C offenders face fines between 125 and 175 percent of their weekly wage, which could see the wealthiest motorists slapped with penalties close to the £2,500 limit.
Meanwhile, band B offenders can expect fines between 75 and 125 percent of their weekly wage, and band A offenders could be slapped with fines equalling 25-75% of their weekly wage.
The Sentencing Council, the body which determines the punishments for UK lawbreakers, said fines are being increased to ensure that there is a “clear increase in penalty as the seriousness of offending increases”.
First time speeders can avoid the increased fines if they take a speed awareness course, although this option does not apply to repeat offenders.
The move to hike fines comes after Green Flag warned that the number of speeding offences has risen by 44% over the last five years.