Hi Steve,
A gear oil leak is not an MOT failure.
Ensure though that you keep your gear oil topped up.
These usually leak when disturbed or damaged when the driveshaft has been removed and reinserted, a clutch change etc.
The seal itself will be quite cheap. The work involves pulling the driveshaft out of the gearbox popping the old seal out and placing in the new one. Not sure on price, would estimate a garage to charge around an hours labour plus the part plus gear oil.