The recomendation for what thinner to use has always been "use the thinner recomended by the paint manufacturer". Of course the paint manufacturer will recomend their own brand. This is a good rule of thumb, when stuck for the correct thinner to buy, but will always prove to be more expensive. It is therefor handy to know what thinner manufacturers actually use, then buy the same thing from DIY stores or the chemist to save ££££s.
For acrylics water or Isopropynol is usually the thinner to use, sometimes a mixture. An alternative is sometimes windscreen washer fluid (the colour doesn't effect the paint, the cheaper the better).
Tamiya acrylics use Isopropynol (bought in the chemist).
Lifecolor acrylics use Water+windscreen washer fluid.
Vallejo acrylics are water based so water (I haven't used these)
Clean up is with water but as acrylics dry very quickly don't wait.
I avoid acrylics for many reasons and usually use enamels. White spirit works with 99% of enamels and Xtracolor and Colourcoats recomend it's use. This is great 'cos it's dirt cheap and can be found in DIY stores. I also use White spirit to thin Humbrol and Revell paints and it works very well.
Another thinner for enamel paints is Cellulose, it is much harsher than white spirit and paint thinned with it can damage the plastic if "flooded" on. I use Cellulose thinner to clean my airbrush, however it is expensive when compared to white spirit and is becoming hard to find, I used to buy it at Halfords, but I now get it from work, cheaper than white spirit (40p/l

)Xtracolor paints (Hannants own brand) when thinned with white spirit take a week or mor to dry (cure) when thinned with 50/50 Cellulose/white spirit they will dry in hours.
So what paint are you wanting to thin?
Mal