Ask Honest John

Honest John Ask Honest John » Why must I complete a 'statement of financial circumstances' for court after having been caught speeding?
What is life like with your car? Let us know and win £500 in John Lewis vouchers | No thanks

Why must I complete a 'statement of financial circumstances' for court after having been caught speeding?

I have recently been caught for speeding at 108 mph on a motorway and am due to attend court on 1 August 2011. I have pleaded guilty by post already as I was stopped and spoke with the police officer on the day of the offence. My question is that I have been asked to complete an MC100 form "Statement of financial circumstances" for the court, which details all of my incomes and savings. In addition, they have requested details of my wife's income.

Why do the courts need this information except to see how much I can afford and to potentially fine me according to my financial circumstances rather than imposing a standard fine commensurate with the offence committed? Do you know if it is mandatory for me to share all of this information with them and also do you know what the impact could be in the event I refuse to share the requested details?

Asked on 4 July 2011 by MD, via email

Answered by Honest John
You got it in one. It's to see how much you can afford to pay.
Similar questions
I passed my driving test four months ago. I was recorded doing 35mph by a speed camera and have to complete the section 132 paperwork. I'm really hoping I only get a fine and not three points on my licence,...
If I get a fixed penalty abroad, i.e. in Spain for 150 Euros for 68kmh in a 60kmh limit, are the points put on my UK licence? I assume I would need to tell my UK insurer.
I've received a letter of intended prosecution for speeding from my ex-employers. It was a firm with four vans and various drivers, but on the day and time of the speeding I cannot remember if I was driving...