Fine
Fines are penalties available to courts for a wide variety of offences. In the Magistrates' Courts offences that attract fines are subject to maximums from level 1 to level 5.
Level 1: £200
Level 2: £500
Level 3: £1,000
Level 4: £2,500
Level 5: £5,000
There's no limit to the amount the Crown Court can fine, but the amount will take into account the seriousness of the offence and the offender's ability to pay.
Fixed penalty notices
Fixed penalty notices are given for less serious offences such as parking tickets, speeding, graffiti and public disorder. Instead of prosecution, a fixed sum of money must be paid to a Magistrates' Court. Because the offence is assumed and there's no conviction you won't get a criminal record. You can also choose whether to pay the penalty or to contest the case.