This year the government is cracking down on speeding. Between September 2015 and 2016 there has been a two percent increase in road deaths, bringing the total up to more than 1,800.
The sentencing guidelines are designed to make drivers 'think twice' and will see those responsible for the most serious offences slapped with bigger fines that correspond to their salary.
Previously, the top speeding fine was £1,000 but from today this rises to £2,500.
The minimum fine of £100 and three points on your licence will remain the same.
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The fines drivers will receive depend on the severity of their speeding, with three bands being set up. Band A deals with those driving one to ten miles per hour over the speed limit who will be fined 25-75 percent of their weekly wage.
Band B, which is 11-21mph over the limit, warrants a 75-125 percent fine, and band C, 21mph and over, is 125-175 percent.
District judge Richard Williams, a sentencing council member, told Newsbeat: "The magistrates' courts deal with the vast majority of offenders in England and Wales, so it is essential that the guidelines they use are up to date and help ensure that sentences are applied consistently and effectively."
The sentencing council wanted the new fines to show there is a 'clear increase in penalty as the seriousness of offending increases'. If someone is found driving at 101mph or more in a 70mph area they will be placed into the highest bracket.
According to research from Green Flag, speeding offences have increased by 44 percent over the last five years.
Pete Williams, a spokesperson from the RAC, said: "Anyone who breaks the limit excessively is a danger to every other road user and is unnecessarily putting lives at risk.
"Hopefully, hitting these offenders harder in the pocket will make them think twice before doing it again in the future."
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