Is the MIP SDK 2014 still supported on the latest XProtect platform and/or is there any plans to end/break this support in the future?

Yes, it is still supported.

From time to time there are breaking changes like the new possibility to encrypt all communication to and from Recording Server introduced with XProtect 2019R1, but in general you will be able to use MIP SDK based application on “future” versions of the VMS.

See this explanation. https://developer.milestonesys.com/s/article/about-MIP-SDK-compatibility-with-XProtect-product-versions