When I make the internal taper for ER collets, (So far have made at least seven) I do it the quick and nasty way by setting over the Topslide by 8 degrees (maybe my Far Eastern graduations are better than we think). Then, horror of horrors, I wrap a strip of fine emery around a collet and polish with the (collet+emery) in the new taper.
DON'T press too hard or the tapers will grab!
So far am unaware of having had any problems with collets not holding drills, end mills, taps, or work.
It may be a bit crude but seems to work.
Howard