There were a lot of different spindle tapers tried over the years Richard. Some very difficult to now find tooling for them without a lot of searching. But that would only apply to some used, much older industrial sized machines. For the size of mill your thinking of, then today and for new, there’s usually going to be a choice of either a Morse Taper or R8. Possibly there’s some that may offer a 30 taper though. None that I know of in the more bench top sized mills though.
Because of there fine taper, Morse Tapers are considered as self holding such as in lathe tail stocks or drilling machines. For straight axial loading such as when drilling, they are self holding as long as both the spindle and tool taper are in good condition. Milling due to the radial loading and interrupted cut still requires the use of a draw bar. But it’s there self holding that makes them harder to loosen than an R8.
The R8 was invented as an “almost” but not quite self releasing taper because of it’s steeper taper angle. In general, a light tap on the end of the slightly loosened draw bar will release the tool shank.
I’ve owned mills with both MT 3 and R8. Without question the R8 is multiple times better for ease of tool release. But that MT 3 mill didn’t have a built in ejector. With one? The MT might be slightly more rigid, but in reality just about unnoticeable and of no real advantage in a more hobby sized mill. Either could work fine. But tooling costs for any mill quickly add up, choosing a machines spindle taper that has reasonably priced and easily available tooling should be a high priority. Probably in the UK there’s not much difference between a MT or R8 for that price and availability. A MT spindle might win out if you were doing a lot of large hole drilling and reaming with the capability of using integral MT tool shanks, by the sounds of it your not. But I’ve yet to find anything I’ve wanted, needed or had to do that isn’t made or couldn’t be done with R8.
The thing to remember and never ever forget is tool tapers both male and female are high precision surfaces. The allowable + – deviations for something like a Morse Taper are only a very few .0001″ end to end for the taper angle. Tool shanks and spindle tapers need to be protected as if there a fine mechanical watch or camera. And my own rule is if I wouldn’t use the tool shank to stir a pot of soup, then it’s not clean enough to be used in the spindle. Tool tapers hold and resist spinning inside the spindle by a combination of both friction and wedging action. To maintain that, both surfaces need to be kept spotlessly clean, undamaged and burr free.
If a tool taper can be changed or even restored back to new and undamaged, it’s not something for the non skilled to attempt. Ideally it requires specialized grinding equipment for the best results. Spindle tapers are one of the more difficult and expensive items to repair or change. Any damage is a direct result of the user. For any used machine, it would be the very first thing I’d check. And for any used but known brand name mill, this website is a great research tool. https://www.lathes.co.uk/page21.html
Direct fitting MT or R8 collets would be slightly better for rigidity and using up almost no Z axis height compared to a ER collet chuck. Most today including myself still use those ER collet chucks, so your changing collets most times instead of tool shanks.
But if efficiency is that important, I’d also suggest adding a dro as soon as possible. For the type of work your doing, I suspect work holding is going to be another issue because of part shapes. Shop made sub tables held in a milling vise would be a good start and there’s lots of videos on Youtube about them. But buying a larger mill than the minimum size will usually gain you more HP and rigidity. Those will help with surface finishes and efficiency. Given what I’ve learned about the additional tooling costs for any mill. The initial price for any of them is a lot less important than buying something that’s dependable and efficient. I’d also suggest buying this rather cheap book first, https://www.teepublishing.co.uk/books/workshop-practice-series/no-2-vertical-milling-in-the-home-workshop/ Read through it before making a decision about what mill you might buy.