R2 could be made larger and save a little current. It could safely be 10 times R3 or 10k ohms. For R3 equal to 10k you could also increase R1 to about 30k ohms. The general rule is to use a current gain of about 10 for bipolar transistors used as switches.
I agree with ericgibbs. I don't see any useful purpose for C1 in this application. Certainly it will limit the maximum toggle speed of the circuit to a few tens of kHz or so.